FCF is a bullish/strong fundamental stock and would be traded only on a long position
After a nice ride to the up, FCF runs into resistance at 16 even dollar amount and is now basing at this level. After a report, it increased its volume almost twice so this ride is confirmed by its volume action.
Volume is confirming this stock wants to move and wants to move...
This price move could indicate a change in the trend and may be a buy signal for investors. I found 51 similar cases, and 37 were successful. Based on this data, the odds of success are 73%.
NYSE:FCF is breaking out from triangle and is may run up to 15$ target. In addition, potential inverted H&S may be in play later on targeting 17-18 region
Stop @ 12.88
Target @ 15
