FLT 0.12% $17.00 flight centre travel group limited

Breakout in Weekly Time Frame, page-11

  1. 631 Posts.
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    On a 3 year weekly chart you can see 2 peaks back that the high was 47.38

    This week's high was 47.79 but could only hold a close of 46.21 so could potentially have found its limit here may see some distribution.

    To support this the price is far away from the 50 ema, the weekly RSI is 74 the Stochastic is 89 and this week's high tested the upper bollinger and retreated quickly.
 
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