$FLOW about to skyrocket?
In a stunning turnaround from its last sell signal, which led to an approximate 90% drop in value, $:FLOW is now showing promising signs of a bullish reversal. A closer look at the weekly charts reveals a falling wedge pattern in very recent past, a classic bullish signal indicating potential reversals after a downtrend. This technical setup was further corroborated by a bullish signal from Aladdin, signaling a potential shift in market sentiment.
Moreover, we've observed a bullish exhaustion, suggesting that the selling pressure is diminishing and could be at a turning point for $FLOW. These indicators combined make a compelling case for considering AMEX:FLOW as a bullish opportunity, ripe for accumulation.
It's important to note, though, that while the current signs are promising, this analysis is not financial advice. As always, thorough personal research and consideration of your financial situation are recommended before making any investment decisions.
#FLOW appears to be setting the stage for a significant rebound. For those keeping an eye on long-term potential, now might be an opportune moment to watch closely or consider accumulating, keeping in mind the market's inherent risks and volatilities.
