FTI our Free Stock Pick for Tue Feb 7th 2012

Free Stock Pick for Mon February 6th 2012
by Sinisa Persich, TraderHR.com

Be alerted when Sinisa posts an article

FMC Technologies (FTI) has been consolidating in an ascending triangle since early December after a two-month run from under 39 to near 55.

The stock has double-topped in that 55 area, a break above which would accelerate the stock higher. First target 56.60 and then 58.60, with an initial stop loss of 52.55.

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Sinisa Persich is a technical analyst and author of TraderHR, featuring his daily, small-cap, swing trade set-ups for yielding profits in both up and down markets. Sign up for a Free 15-Day Trial!

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