Florida Rock Industries (FRK) registered a green engulfing candlestick on Friday and the volume and money flow charts suggest that the stock may be ready to mount another attempt to test the top of the trading range.
Verizon (VZ) has moved up quite steeply since breaking above its trading range in early May. There are negative divergences now appearing in momentum and money flow.
The chart for Timberland (TBL) shows range constriction, and the May 7 long green candlestick and the positive MFI characteristics could be pointing towards a break out upwards in coming sessions.
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