Technical Summary: Lovely long term chart from FPH as the strong fundamental situation for the stock has been reflected in the technical analysis. The stock has found a solid up trend and apart from a pull back at the end of 2016 has experienced little or no volatility. This has extended through into 2017 with the stock trading at all time highs throughout the year. The stock has held its ground when it has reverted back to its 50-day moving average until very recently where the stock sold off after an earnings update. The stock appears to be making an effort to jump back into its trend and in the current market environment is probably likely too. We would express caution about diving in head first however as the
stock could potentially break down from here.