FLC fluence corporation limited
Add to My Watchlist 13.9% ! 4.1¢

Up then down on high volume, probably closing on it's low.Stinks...

  1. ptlas
    1,361 Posts.
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    29/07/21
    15:58
    Post #: 54875428
    Up then down on high volume, probably closing on it's low.
    Stinks of distribution (based on the announcement) to me.

    I would expect the gap to close, so I would not enter a trade now. Though I'd be happy for it to start a run; plenty of time to get in rather than pre-empt it.

    In answer to a previous question about where this supply comes from- It's probably algorithmic scalping.
    Buy low sell slightly higher squeeze a few pips. profits come from spooked retailers.
    FLC Price at posting: 19.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.1¢ 		Change
0.005(13.9%) 		Mkt cap ! $44.49M
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Last trade - 15.44pm 20/06/2025 (20 minute delay) ?
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