FLGC is currently entering a pattern for a very bullish breakout. After nearly 6 weeks of extremely positive news, FLGC has fallen from $9 to $5; however, sellers are starting to get exhausted. We can see that the RSI rarely falls below 34 on the daily chart, with large spikes in price occurring at around that RSI level. This is a key observation, showing us that big money is acquiring MANY MANY shares in the $4.8-$5.2 range. Since the 34% spike in price on 9/24/21, the MACD has been green, despite large declines in price. This is due to the extremely low volume of sellers, which is a clear indicator of laddering by big money to, once again, acquire in their desired range. We can see from level 2 market data that the $4.8 to $5 range is almost impossible to break through by the low volume short sellers, which gives a lot of security in buying at this current price. Given some volume, this stock could run easily to the $8 range within a day. Recent analysts have upgraded their price target to $10, with other analysts already valuing FLGC at $11.5. On the fib retracement, we can see that the 10.3 range is a major fib level, which is interesting considering that the average shareholder price of the stock is $10.3. I can see a major resistance being posed at around that level if volume cannot cruise through it. The previous $8 support might become useful again if the price can reach around $9. I would be watching to buy FLGC in the coming weeks/days, if not now for a major bounce play.