27.10.2015 - Fluor's shares may fall in the near future
Stock price of Fluor keeps consolidating after breaking through the upper boundary of the channel and attempts to be fixed beyond it. In case of breaking the resistance level at 47.80, quotes will continue to rise to the levels 50.00 and 52.50. On the other hand the price may continue to decline and return to the levels of 42.75 and 40.85. We expect growth of price in the medium term with targets at near 60.00, but in the near future may see the price drop.