July 28, 2010

Flowserve with P&F triangle breakout

By Arthur Hill
P&F
Flowserve (FLS) came across the bullish triangle alert page from the P&F pattern scans. On the P&F chart, notice how the stock broke above the bearish resistance line with a surge above 98. As far as Point & Figure is concerned, this chart remains bullish as long as the blue bullish support line holds.

100728fls

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