Very strong trend,
MACD bullish for the weekly, daily and 4h time-frames but bearish for the 1h time-frame.
Supprt zone (Green rectangle) is stringer than usual due to the several EMAs in it.
Likewise, we now have a bullish crossing of 200EMA & 100EMA indicating how strong the trend is and acting as support too.
Yesterday FLEX recieved the Cisco award for...
Hey guys, FLEX is in a bearish fake dynamic with low buying volume and a failed buyer's attempt. The TIMEFRAME 5 1 Min an on going bullish continuation with a break in force of the VWAP to go in the direction of the last three highest See the 15 Min. Strong potential to fill the bullish gap to find the last precedent higher, not enough power to reach the...
Ascending Triangle + Long Wick Rejection of Support (Bullish Volume Spike) + Trend Line + Bullish Engulfing Candle
Wait for a break of 10.55 before entering Long.
Price Target: 12.26
Hi, today we are going to talk about the Flex Ltd and its current landscape.
Huawei and its suppliers received exciting news, as the U.S. Commerce Department renewed a 90-day period extension, that grants to American companies’ permission to continue to do business with the giant Chinese telecom companies. Commerce Secretary Wilbur Ross's announcement included...
FLEX is suffering from the trade-war between Trump and Xi (US and China).
Huawei is "angered" at how FLEX has managed the situation.
They report earnings today after hours. (July 25th)
I would sell all my position right away.
I want to see a close above this trendline on the weekly chart "handle" part of the cup and handle.
We see that, should see a nice continuation higher perhaps into the 100 and 200 sma ($14.38 & $13.56 respectively).
Earnings are on 4/29/19, but will revisit this Friday afternoon to see if they can close above the trendline.
