FLUOR CORP
(FLR-NYSE):
Technical Viewpoint: From a low
of $39.40 on Mar 22, 2001 prices
rallied, reaching a
high of $46.00
on Mar 30, 2001. A
decline saw prices pull back, reaching a
low of
$40.61 on Apr 6, 2001.
Another rally saw prices penetrate
resistance, closing 4/24/01
at $48.20. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 17, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $43.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 10, 2001. A P&F upside
reversal takes place at $47.00. Summary: Technical indicators have turned bullish. BUY! FLUOR CORP
(FLR-NYSE) @ $49.12 Stop: Use a protective stop of $46.50.
FLUOR CORP is currently trading @ $48.20 plus $2.65 on Apr 24, 2001. Price Objective:
$61.00. Risk/Reward: $2.62 VS. $11.88. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$61.00
Risk/Reward:
$2.62 VS. $11.88
Risk/Reward Ratio:
4:1
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