FTI confirmed breakout

Discussion in 'Stocks' started by Stocks4life, Mar 25, 2013.

  1. one month bullish flag breakout to new highs, but may have to fight against any market weakness

    BREAKOUT CONFIRMED breakout above 52.74, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 55.84, 5.4% Stop: 51.95, Loss: 1.9%, Profit/Loss ratio: 2.9 : 1 - Good

    CURRENT PRICE 52.97, just above resistance, 52.11 ± 0.63, type double, strength 4
    RESISTANCE ABOVE None.

    Stock chart

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=FTI