Thanks for bringing FLC to my attention and I'd say there is quite a good chance it will bounce higher. It's been trading in a rising channel since the start of the year. Price has consistently respected the lower boundary of that channel and there is no reason to think it won't turn price again and head for the upper boundary. Would be nice with a potential 40%+ gain on the cards. Resistance around $0.58 might turn price but the top channel boundary is probably around $0.70. For anyone into Time Lines it seems to working to a rhythm of 60 days (more apparent on the daily chart) and yesterday's trade saw price fall into a time line - so suggests a rise in the next couple of trading days. Also yesterday's candle was a doji - another reversal sign. While, like all things in trading and charting, there are no guarantees I've put in a conditional buy.
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