Fundamentals:
FARO Technologies, Inc. operates as a 3D measurement, imaging and realization technology company. It design, develop, manufacture, market and support software driven, three-dimensional measurement, imaging and realization systems.
Technicals:
2015 was hard for this company and price dropped from around $63 to almost $20. But now, it shows some power. Price jumped up after earnings and approached to major resistance at $35.25. The break and close above will lead us higher.
Trade and Risk Management:
Break and close above $35.25 will trigger an Entry Long with stop below $32.20. Target depens on your timeframe. For active traders it can be around lower $40ish. And for long term holders - $48.
FARO Technologies, Inc. operates as a 3D measurement, imaging and realization technology company. It design, develop, manufacture, market and support software driven, three-dimensional measurement, imaging and realization systems.
Technicals:
2015 was hard for this company and price dropped from around $63 to almost $20. But now, it shows some power. Price jumped up after earnings and approached to major resistance at $35.25. The break and close above will lead us higher.
Trade and Risk Management:
Break and close above $35.25 will trigger an Entry Long with stop below $32.20. Target depens on your timeframe. For active traders it can be around lower $40ish. And for long term holders - $48.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.