We are waiting price to close above 54.50 price level to enter the market, after this confirmation we think price will hit the green line. Stop is shown with a red line on a chart.
This is our opinion, not a trading advice.
FLIR is appraoching our first resistance at 52.44 (horizontal pullback resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our support at 48.13 (horizontal pullback support, 38.2% fibonacci retracement).
Stocahstic (55,5,3) is also approaching resistance and we might see a...
I have been following this stock for a long time and until now it was stuck in middle of nowhere. This is an amazing opportunity in NASDAQ:FLIR and it shouldn't be missed. After it breaks this crazy 2 month consolidation expect it to fly. My first target is $50.5. I'll keep this updated.
FLIR has reached a multi-timeframe resistance level at 30.34. Taking options with a timeframe through earnings with OCT16 29 Puts looking for the stock to follow the seasonal bearish movement in August to get the options below the pivot low and ITM.
This stock entered into strong uptrend after found bottom from $18-$19 since November 2013.
100 MA could be a buyable area as it gave us nice leg from low $30ish to $37.40 where it pit double top.
Level $34 is very important because previously it was resistance and now acts like support.
On Friday stock closed slightly higher above that. I entered long small,...