Fluor (FLR) formed a nice rounded bottom during a two month basing process in June and July. The stock then rocketed higher, and is closing in on a confluence of resistance: 200 day MA, May gap fill, 50% retracement, and descending downtrend line. How the stock reacts to this area will be telling.
Fluor (FLR) stock chart with technical analysis overlay as of August 8, 2012. Â FLR stock chart with technical analysis and price support and resistance levels. FLR 50 percent fibonacci support level.
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