The Company operates in four business segments which are North America Waterjet, Asia Waterjet, Other International Waterjet and Applications. The North America, Asia, and Other International Waterjet segments include the Company’s cutting and cleaning systems using UHP as well as parts and services further in respective geographic areas. The Applications segment includes systems for robotic articulation applications and automation systems which may or may not use UHP. These systems are primarily used in automotive applications. The Company’s mission is to provide the highest value product in the UHP water pump market. This requires the Company’s products to be of the highest reliability so as to maximize productivity and profitability for its customers. The Company is a developer of productivity technologies and continually focuses on customer support. Its products are typically more expensive than its competitors’ because the Company’s brand promise is to provide superior reliability, value, service and technology. It strives to improve its customers’ profitability through investment in the development of innovative products and services that expand its customers’ markets and increase its productivity. (Source: Bigcharts)

I know it’s been some time, but there is finally a new momentum play to call your own and this little lady’s name is FLOW. Take a look at the two-year weekly chart below. You’ll see that I have plotted the upper resistance points as well as the upside down head and shoulders pattern. This pattern symbolizes a bullish attitude so look for a breakout very soon. Snap up shares quickly because once the explosion from consolidation occurs there will be little time to buy in at bargain prices. Better not to get caught with your pants down on this market mover.

Our Recommendation: Buy share of FLOW at or near $12.46. As always, do not forget to place a 5% stop loss below your purchase price.

Good Investing…