Sabado, Marso 26, 2016

FLI


FLI managed to go to as high as 1.85 last week but is facing strong resistance at 1.85-1.9 area. It closed at 1.8 last Wednesday. Consolidation probably at 1.6-1.8. Remember my post about this stock last January? If you bought this @1.5, you should have at least made yourself 15% richer in just 2 months. For some its enough to cover their vacation expenses.

For those who got out, you may want to buy back again at 1.7 to 1.5/share -that is, if my prediction that FLI is forming a cup and handle pattern is right.







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