Figure 1: FLI Price Chart
FLI is on a cup and handle formation. Last Friday closing was an inside day candlestick pattern, which is a possible reversal type candlestick pattern. Price is finding some support along the 38.2% Fibonacci retracement line.RSI is located along its immediate support line and my other indicator is telling me that FLI is now at oversold level.
No comments:
Post a Comment