FMC is showing all signs of a bearish move. It had a weak performance at earnings, showing that this company has is less profitable than last quarter. In a bearish market setting, this stock could keep moving lower for a long time. Even with a bullish move on Wednesday and the EOD thursday, it still continued to move lower.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.