I am bullish on FLT, chart looks positive as about to make golden cross.
There is good support at $16.25 range, so don't think so that it's going to come down further.
Take profit at $19.10 range.
If it doesn't get support at $16.25 range then next support is at $13.50 zone.
I am pretty hopeful that FLT will continue moving upwards.
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Price rejected on the top. Expecting the pull back.
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MACD Histogram has changed color and about to cross which is a sign that Bearish Momentum has shifted or diminishing and Bulls may take control and take price up.
Stochastic has crossed after moving down to Oversold levels, a sign that price may continue to the upside.
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FLT has pulled back lower and closed the gap now and is consolidating in the Buy Zone of $14.20 - $15.20, but has not yet shown any Bullish Price Action with High Volume. I am bullish FLT but I need to see some good Buliish Price Action coupled with High Volume to take a Buy Position.
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FLT had been consolidating in the Buy Zone of $14.20 - $15.20 and has even managed to close above the downtrend line but the Volume is very low. MACD has crossed too but now we need to see a follow through with High Volume or it could be a False Break Out (FBO). Lets see what it does in the next trading sessions.