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Fluor (FLR) High and Tight Bull Flag Amid Broader Weekly Breakout Continuation

Fluor (FLR) High and Tight Bull Flag Amid Broader Weekly Breakout Continuation

by | Apr 17, 2022 | Chart SetUps

Fluor (FLR) hitting the ‘ready to run’ scan today with shares in a narrow bull flag below $30.75 and the top of April value. MACD is curling higher and nearing a bull cross while RSI is back above 60 and out of a small pullback trend. A breakout move has upside to $34-$35 and then out to $40. FLR cleared a bigger weekly cup and handle recently as well.