WED 6/25: FLR – Recent BUY Down -2.9% Today – Watching the 10 DMA at $49.70

12:07 PM – Shares of FLR are trading down –2.9% at midday, giving back recent gains. This follows our recent BUY CALL, and while the pullback isn’t ideal, the stock remains technically intact for now. Key short-term support is the 10 DMA, currently at $49.70. A decisive break below that level would be a cautionary sign and could prompt a SELL SIGNAL.

Will continue to monitor closely.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.