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News Breaks
November 6, 2009
12:17 EDTFLR
theflyonthewall.com: Fluor: Earnings release technical preview, bearish pattern
BULLISH CASE: On better than expected news/outlook the stock could trade to the upper limit of the short-term bullish price channel at $46.98. On a bullish breakout above the price channel the following resistance levels would become upside objectives: $47.55, $48.30, $48.79, $49.67, $50.03, $51.59, $53.17, $54.20. BEARISH CASE: There is a potential bearish flag on the daily chart that will become active on a breakdown below $44.49. Downside potential for the pattern is to the $39 area. On worse than expected news/outlook the stock could trade to the lower limit of the price channel at $44.49. On a bearish breakdown below the price channel the following support levels would become downside objectives: $43.70, $42.85, $42.00, $41.31, $40.50, $39.55, $38.38, $37.64, $37.02, $36.29. NOTE: Small short-base at 1 day to cover, with 2.3% of the float short. Traders are positioned for positive news. Reactions on a surprise, especially a negative one given the bearish pattern and small short-base, have a high probability of being extreme in duration and price. :theflyonthewall.com



News For FLR From The Last 14 Days
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February 9, 2012
16:16 EDTFLR
theflyonthewall.com: Fluor undertaking project for Syncrude Canada in Alberta

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February 2, 2012
17:02 EDTFLR
theflyonthewall.com: Fluor CEO David Seaton elected Chairman of Fluor’s Board

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17:02 EDTFLR
theflyonthewall.com: Fluor increases quarterly dividend by 28% to 16c/share
Fluor's board of directors has authorized a 28% increase in the quarterly dividend to 16c per share on the company's common stock. This increased cash dividend is payable on April 3, to shareholders of record on March 5. :theflyonthewall.com

January 31, 2012
07:55 EDTFLR
theflyonthewall.com: Fluor to design, build, operate, maintain 125-megawatt Arizona solar facility

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