Fluence Corporation chart has formed a massive H & S pattern and price is currently at the neckline. Price may get maintained due to a SPP that is currently open but the capital dilution has risks. IMHO it is looking a bit bearish but let us wait for the completion of the price movement at the neckline
Fluence is a provider of decentralized water, wastewater treatment and reuse solutions for both municipal and industrial applications across the world. There seems to be some recent interest in this industry sector with some spectacular past performance of companies like Phoslock and SDV as examples. With droughts and pollution hot topics cleaning up of water ways...
Fluence Corporation has the potential for a downward move if it closes below $0.39C. RSI not to strong
FLC has formed a bull flag giving an upside target of 81.5c
FLC flagging continuation pattern with a potential target price of 80.5c
$FLC Has a down trend since October 2016 however the recent heavy volume base suggests capitulation. The pattern forming appears to be a head and shoulder bottom. To confirm the right shoulder will need to establish at around 36.5c giving a target of the move of 51c or ~40% upside. The companies revenue growth appears to have hit a momentum stage with several...
Hi Guys This is my first post. Only looked into TA recently but thought I would share something that I graphed out. Fluence is a company that I have been following recently on recommendation from a friend It was trading and bouncing off 38c for awhile but recently with its operational updates has broken out on volume. This pump had a healthy retrace recently...
My first recommendation is Fluence Corporation. Fluence corporation is a global leader in mid-sized, decentralized water and wastewater solutions. From a fundamental and macro view , I like the stock as water, wastewater treatment and sustainability is an increasingly important topic in society. Increasing expenditure in water treatment is inevitable, China for...
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.
After a few failed breakouts, will this finally be the breakout that FLC needs to escape its nearly 10 month down trend.
Still scratching my head as to why this stock continuing goes downhill. Obviously, the long-awaited contracts from China have no eventuated. On my watchlistand sidelines watching to see what happens.
Over 7 months of down trend and the chart looks to be finally testing outside of its channel. January could get interesting!
There is a couple (few?) accumulators soaking up shares over the last 7 sessions. Macquarie Securities Australia Limited absorbed 1,296,014 shares ($810k) in 5 days. It's clear to me that supply will be drying up soon and a rather large correction will be under way.
FLC could be on the verge of a downtrend breakout. Very good FA announcement today, strong company with good management, could see a decent run happen if it breaks out on volume.
While the FA continues to improve the share price can't muster the momentum it needs to hold a break. Not sure where all this supply is coming from but there can't be too much left at these levels. I would expect a bounce shortly.