It's Time to BuildUS and the West need to build and build quick to stay ahead of China. Why shouldn't the US spend and build the coolest infrastructure in the world if the world needs your business and will lend you money all day? Fluor is the cheapest infrastructure stock out there they have decades of experience ma
$FLR Flat Base – Ready to Breakout?FLR has been basing now for 11 weeks and has been trying to get over that top area of resistance. One negative thing and probably the thing holding it back is the EPS have declined in the last 2 quarters. But sales have risen. I don’t expect this to be a barn burner, but a 10% move is a fair probabi
Fluor corporation broke out of the flag patternNYSE:FLR is showing major relative strength to the overall market and just broke out of the flag pattern. Anticipated price action and targets are shown on the chart, stop loss daily close below 28$.
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BUY $FLR - NRPicks Jul 05Fluor Corp. operates as a holding company. The firm engages in the provision of engineering, procurement, construction, fabrication and modularization, operations, maintenance and asset integrity, as well as project management services, on a global basis. It operates through the following segments:
FLR FLUOR TRADE IDEA LONG TERMFrom a long term perspective:
Scenario 1
the first impulse movement may be completed with the top around 25 which matches well with fibo levels
the second wave shall be in progress and may correct up to 38,2% - 23,6%, means around 11-12 USD
therefore a good entry point would be around 13USD
Scenar
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