A potential long position for Technipfmc´s stock can be observed in this candlestick chart with a daily interval, wich is testing for the 4th time a support level that has lasted several years. Since the beginning of 2017, the stock has been in a bearish trend, the investment consist in setting a long position until it hits the bearish trending line, that also reaches a recently resistance line at 28.9$ or a target of aproximately +9%. In Addition, the stochastic RSI indicator points out that the stock is in the oversold zone. An advantage of this investment is the fact that you can establish a stop loss relatively close to the actual price, because if the price breaks the support line, it should not drop a long way.