Recognia has a poor track record. That pattern can easily turn...

Recognia has a poor track record. That pattern can easily turn into a bullish continuation wedge with one green candle on monday. All charts have multiple patterns both bullish and bearish. Patterns on daily timeframes these days are extremely unreliable. Different to 10+ yrs ago. Instos these days are setting up chart patterns to suck in retail one way or another. For me, personally i barely use charts on small caps anymore, only 5 minute TF charts on index trading. FLC should continue upwards off its lower up trendline, which we are on now.


Heres my favourite Commsec recognia call. 1PG Buy at $5.08. That was the top and its now delisted.