andmk2
Short

Falanx is bearish for all sorts of reasons

LSE:FLX   FALANX GROUP LIMITED ORD NPV (DI)
Today FLX closed below 5.39 resistance at 5.26
The 50 period daily EMA has also crossed below the 200 EMA
Since May 2017, the daily MACD and RSI have both been down-trending
Finally, the cup and handle pattern it formed since Jan 2016 looked to be bullish . Unfortunately it failed in May this year.

Aug 19
Comment: NOTE: Support at 5.39 could be a factor in the next coming weeks.
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