but I might short this around 42 ( a pump company stock)
a reverse head and shoulder type formation...some A rated funds are buying so may be opportunity to take a nibble and see if can get some traction on this company.
FLS swing short odds tinyurl.com free trading plan is here
This textbook symmetrical triangle setup caught my eye as FLS was a big negative mover on the Stockcharts Technical Rankings. I've overlaid a ratio to the SPX where you can see a divergence with FLS underperforming, With earnings approaching before the apex of the triangle it is likely to be resolved there. Given this underperformance I am biased to the short side...
1. Momentum up 2. No resistance from above - free room 3. Price retraced and back to the high point level - ready to breach.