$FLC head and shoulders bottom
FLC Has a down trend since October 2016 however the recent heavy volume base suggests capitulation. The pattern forming appears to be a head and shoulder bottom. To confirm the right shoulder will need to establish at around 36.5c giving a target of the move of 51c or ~40% upside.
The companies revenue growth appears to have hit a momentum stage with several larger scale contracts recently announced.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.