"Natural science has invaded and transformed human life all the more practically through the medium of industry; and has prepared human emancipation, although its immediate effect had to be the furthering of the dehumanization of man."
The price has formed a head and shoulders pattern and now I'm waiting for the follow through above $50. The OBV and the RS ratio vs the S&P 500 are near new highs confirming the strength in price action. Still, I'll wait for the breakout to buy with a price target at HKEX:62 for a +25% profit. You can see that I was stopped out on MARCH 2022, can you imagine...
Hello all again. This is swing with R>8. FLS has lagged behind the machinery industry trend over a 52 week horizon, but has outperformed since last 2 quarters. The daily chart shows the over delivery vs a major ETF encapsulating the major players. FLS has been recovering the covid crash, and found itself several support points, and a decent 4 month old channel,...
It is swinging up by making higher highs and higher lows. There are both 100 and 200SMA ahead so it can pull back to bottom of the channel after hit them. If you find my charts useful, please just "Like"
It is holding on a strong support. Price reaction this week is very critical for its direction. It may bounce back
On monthly; It is below 200SMA and struggling to back above it. On daily; It is forming a cup and $41.73 is a critical support.