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Stock impact report

Flowserve Corporation: Still Bullish Despite Recent Challenges [Seeking Alpha]

Flowserve Corporation (FLS) 
Last flowserve corporation earnings: 2/17 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.flowserve.com
Company Research Source: Seeking Alpha
zorazhuang/E+ via Getty ImagesWe wrote aboutFlowserve(NYSE:FLSMonthly Swing Low in FlowserveStockChartsShare-price action on the daily chart also offers encouragement in that shares are currently trying to break above multi-month resistance. Furthermore, money-flow & volume trends have turned bullish, which leads us to believe that this attempt will eventually bear fruit. Chart reading is important because it takes all of Flowserve's fundamentals into account. There are a lot of moving parts affecting Flowserve at present (supply-chain bottlenecks, inflation, labor shortages, etc.), which means the market continuously prices these challenges into the share price while simultaneously monitoring the company's growth and projected bookings going forward.Daily swing low in FlowserveFor example, there is no doubt that the company would have posted higher sales andearningsWhile this may be true (which may mean more pain in the short term), internal trends point to sustained growth coming he Show less Read more
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