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3.19%

9.1¢ fluence corporation limited

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mrinvest05

841 Posts.

48

31/05/22

12:30

Post #: 61725607
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Originally posted by launch: ↑

The trading over the last few days has been very telling.
To me it looks like a position is being built-probably by newly interested parties who have seen the appointments of US water market insiders into the company.

Whomever is building a position takes everything on offer, then throws on the brakes by selling a few on a crossing or an on market sale to slow the price and, in yesterdays case, reverse it. This then sees further short term traders place sell orders on the sell side.

But, it looks like supply is drying up on this stock........all the ducks are lined in a row now with great US market potential for growth, and once it does dry up, there will be very swift moves to much higher levels as FOMO kicks in.

For the first time since Efemcy days, I am extremely comfortable with my investment.

I am looking for resistance at 30.5c(as per chart attached) and then the most recent high of 33c, but after that......... we will save targets for once we break above 33c.

Enjoy the ride everyone-this has been a long time coming.

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Thanks for your insights yet again @launch. Its coming from such a ridiculously low base its hard not to get excited by the last few weeks and potential even in the short term. Giddy up.

FLC Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 9.1¢		Change -0.003(3.19%)		Mkt cap ! $98.36M

Open	High	Low	Value	Volume
9.6¢	9.6¢	8.8¢	$58.52K	642.6K

Buyers (Bids)

No.	Vol.	Price($)
1	235	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	81867	3

View Market Depth

No.	Vol.	Price($)
1	235	0.091
1	20000	0.090
2	20004	0.089
1	6852	0.088
1	8275	0.087

Price($)	Vol.	No.
0.092	81867	3
0.096	596	1
0.098	4000	1
0.099	27377	3
0.100	223420	5

Last trade - 15.27pm 27/09/2024 (20 minute delay)

FLC (ASX) Chart