Fluor Becoming Attractive
Fluor (FLR) continues to drift lower and is approaching an important support zone. The stock is working on its eighth straight loss after failing to move past a heavy 200-day moving average.
At the beginning of last week, Fluor reached fresh rally highs but was unable to make any progress above the $54.50 area. The stock had put in weekly highs here during the previous two weeks but most recently lacked the heavy buying to take out the resistance. Fluor was losing upside momentum, and a pullback was on the way....182 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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