Technical views are welcome on a chart thread. Two people can see the same thing and have different interpretations. It's all about the odds. I'm observing - my interpretation is that there is a divergence on TMO which may be bullish. Also lots of volume going through but not cracking through 60 cents.
I like stocks with upcoming catalyst - and there is ofcourse a big possible one for FLC. I like Management as well.
Technicals allow for position sizing- I'll bet big when odds are in favour.
I reduced my position at 65 cents and it went up to 70 odd after. I'm watching closely to add to my already largish position.
I've moved to some other stocks that were surer bets at this point in time.
FLC Price at posting:
61.5¢ Sentiment: Hold Disclosure: Held
