8 day chart shows FLWS forming a floor around $7.47 and a downward sloping ceiling. If FLWS breaks through ceiling could have room to run up. Breaking below floor could lead to a further decline. May run sideways for a few days before breaking eitherway
FLWS shows strong linear correlation in a uptrend. After pulling back it has regained it's trend line of support. I have a price target of 8.23 by Aug 16, the friday before they report earnings. Set a trailing stop below the trend line.
