Hint this week: Monthly chart back to 2007.
Try to guess:
- The ticker symbol of the chart;
- The sector in which the stock trades; and
- Whether or not you think the stock will move higher or lower throughout 2014 or will break lower.
Thank you to everyone who has been playing along.
Please click on chart to enlarge
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BYD? Quick guess off the hint.
I believe the chart is Foster Wheeler (FWLT). FWLT is in the heavy construction/ industrial goods sector. I am not really sure as to what I think about how it will perform. Freestockcharts.com is not working on my computer. I think if it gets above its 2011 high around 40 it could have a nice breakout and move higher.
Well done!