HaseebKhan_90

$FMC breaking out of a 16 month base!

Long
NYSE:FMC   FMC Corporation
* Great earnings
* Very strong up trend
* Relative Strength vs. Sector: 5.07
* Relative Strength vs. SP500: 3.23
* U/D Ratio: 1.6, meaning it's under accumulation
* Base Depth: 37.54%
* Distance from breakout buy point: 1.47%
* Volume 22.29% above its 15 day avg
* Breaking out of a 16 month base

Trade Idea:
* You can enter now as the price is really close to the breakout level of $119.52
* Or if you're looking for a better entry you can look for a buy opportunity near the $119.52 area or wait for a pull back near the $116.57 area.

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