Jul. 1 at 3:01 PM
$FTRE Fortrea stock with a top of range bull flag breakout at https://stockconsultant.com/?FTRE
Breakout trade
CONFIRMED breakout above 18.3
Target: 21.19, 15.8% Stop: 17.36 Loss: 5.2%
P/L ratio: 3 : 1 - Good
BULLISH
[Timing] Strong bullish 3 day candlestick pattern.
[Timing] CONFIRMED breakout above 18.3, no resistance in area just above.
BEARISH
[Positioning] 1 Day Price change strong up, may pause
[Positioning] Short term typical rally, rally may start to slow.
[Positioning] Overbought, odds favor short trades.
[Positioning] Intermediate trend bearish, Unsustainable uptrend, may turn sideways.