Aug. 10 at 10:53 PM
Fluor Corporation
$FLR (8h)
Bullish Flow: Institutional traders are aggressively sweeping
$60 Call sweeps expiring September 2026, dropping
$40K in premium right on the Ask. Smart money is positioning for a multi-week continuation run after Fluor blew past Q2 estimates with
$6.1B in new awards and a massive
$26.9B backlog. 🐂 💧
Bull Key Level:
$56.50 (Bull confirmation to break multi-month triangle resistance and unleash upside momentum) 🐂 🔥
Bear Key Level:
$51.00 (Key structural support floor and ascending trendline anchor to defend) 🐻 ⚠️
Targets:
$60.00 /
$67.50 💰 🍺
Why: The 8-hour chart shows an ascending triangle tightening right below major multi-month resistance. With 85% of their backlog now reimbursable to eliminate legacy cost overruns, this earnings-fueled breakout is primed to test
$60+.
#flr | #stocktrading | #optionsflow | #technicalanalysis | #hovdid
