Sorry @funbelievable I published the TYR chart in the wrong thread.
Sure happy to share my thoughts on FLC.
Before I look at the chart I like to look at the fundamentals.
Balance sheet is terrible if this goes under shareholders will not receive a cent as we have negative equity (-7.4m).
Less than 1 year of a cash runway.
Not profitable yet!
(Daily chart)
If you look at the price action from the low in april u can see some divergence between price (which is making lower lows) & MACD (making higher lows)! A possible trend reversal moving forward ???After that see if it can make higher lows & higher highs. If you have ma's on your chart you should see them rising ? Currently the ma's are falling (downtrend).
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