R more than 8, Long term swing opportunity

Hello all again. This is swing with R>8. FLS has lagged behind the machinery industry trend over a 52 week horizon, but has outperformed since last 2 quarters. The daily chart shows the over delivery vs a major ETF encapsulating the major players. FLS has been recovering the covid crash, and found itself several support points, and a decent 4 month old channel, delivering 40% growth since November. Institutional ownership is 98%, which perhaps is a negative sign, showing that the likes of you and me dont get to play much. Please see the trade plan and rationale in the chart. Also check the CRAZY volume it got today.