Stock Chart Analysis FCN

Posted by downtowntrader | 11/05/2007 09:35:00 PM | 0 comments »

Stock Chart Analysis FCN

FTI Consulting, Inc. (Public, NYSE:FCN)

FCN is quickly approaching a critical juncture as it struggles to maintain its October breakout. It has pulled back to the breakout area for a second time and quickly caught a bid as it tested the lower $50's. I think there are some clear lines drawn in the sand here and if FCN can turn around and reclaim $54-55 then I think a breakout will follow soon thereafter.

Good Trading,


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