FLR MACD just crossed the signal line and could be setting up to be exiting a nice triangle. Watch for it to shoot out of the triangle, come back to test support, and then it should go up to the next resistance level at $33 or get stopped by the fib at $27. 15-43% gain in the short term, more as long as it stays above the trend line!
Trade closed: stop reached:
Well, maybe that was a rising wedge instead of a triangle. But that first candle that gapped downward out of the triangle was a clear sign that the bears took over.
