FCN Overvalued Top Of Range Provides Opening
Technicals
Stock is channel bound with expanding volatility.
Upthrusts are weaker when bouncing off the resistance.
Has a weaker relative strength than the market.
Overbought and prime to reverse.
Good amount of profit taking at the top of the channel.
Fundamentals
Revenue is good but margins are compressing.
2021 was an anomaly year, they had solid cash flow and margin expansion; but now they are priced to have this growth continue.
Caveat: valued reasonably relative to competitors.
Stop above the channel incase this is backing up action leading into a break out.
Stock is channel bound with expanding volatility.
Upthrusts are weaker when bouncing off the resistance.
Has a weaker relative strength than the market.
Overbought and prime to reverse.
Good amount of profit taking at the top of the channel.
Fundamentals
Revenue is good but margins are compressing.
2021 was an anomaly year, they had solid cash flow and margin expansion; but now they are priced to have this growth continue.
Caveat: valued reasonably relative to competitors.
Stop above the channel incase this is backing up action leading into a break out.
Trade fermée: ordre d’arrêt atteint
Close on stop - consider re-enterin the future
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.