FCN Overvalued Top Of Range Provides Opening

NYSE:FCN   FTI Consulting, Inc.
Stock is channel bound with expanding volatility.
Upthrusts are weaker when bouncing off the resistance.
Has a weaker relative strength than the market.
Overbought and prime to reverse.
Good amount of profit taking at the top of the channel.

Revenue is good but margins are compressing.
2021 was an anomaly year, they had solid cash flow and margin expansion; but now they are priced to have this growth continue.
Caveat: valued reasonably relative to competitors.

Stop above the channel incase this is backing up action leading into a break out.
Trade closed: stop reached:
Close on stop - consider re-enterin the future

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