FLX
FLX - Trade PlanMy trading Bias is Bullish for FLX as it has clearly placed a Double Bottom off the lows (Support), with a break and close above the Bearish Trendline coupled with slightly higher Volume.
TP ~ $0.425 (Potential Gain 18%)
Stoploss - $0.335
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Target 10p - Tight BB's - Support hit - Bullish MACDBollingers getting tight again as you can see.
3.80-4p support area hit and bounced off.
Lots of upside in coming months in this penny stock.
$FLX - BROKE ABOVE 20ma - BULLISH5.72p next resistance where the 200ma lies.
also 6.04 where 50% fibs line is.
9.84 is my Ultimate Sell target - Scale out from 7.45p
FLX Falanx #pennystock #AIM Buy signal at 3.82p circled.
if 200ma broken and 50% fibs then the 127% fibs will be my first target which is also the resistance of May 2017 at around 9.84p
also a gap to fill and RSI / CCI in a good bullish trend.
FLX buy zone - LONG -Target 6.69p
Entry price: 4p - 4.30p
#FLX #Falanx
New Bod.
New contracts & acquisitions. Options 100% higher then price.
BoD own shares higher up.
Last placing price was 4.5p.
Sellers dried up and overhung possibly gone.
Last RNS a huge buyer of 12% of the company.
