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pimpfreud

FLC Bullish Descending Wedge, MMAR Reversal = BO?

Long
FLUENCE CORPORATION LIMITED (ASX:FLC)  
pimpfreud  
ASX:FLC   FLUENCE CORPORATION LIMITED
Trend Analysis Chart Patterns Technical Indicators FLC fluence water Descending Broadening Wedge breakoutsignal
3
0
trendanalysis chartpattern indicator flc fluence water descendingbroadeningwedge breakoutsignal
The stock has been on a long and large bearish journey down a descending broadening wedge, however, it has begun showing the telltale signs of reversal as seen through the MMAR upward swings. Currently, it's undergoing a steep broadening descending wedge, which I suspect will bounce off the 50% fib at 46c. Just needs the volume.
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