FLGT financials and growth look very good. the downtrend looks like to continue.
the Total assets - total liabilities makes the market cap below the total assets
The fair value is far more then 40 dollars
*not financial recommendation
FLGT has a lovely setup here, broke its downtrend then successfully bounced on the retest.
now approaching local resistance/RSI resistance. If it breaks theres not much resistance left! and we will see price discovery to the upside
price targets are 122.26-144.42-166.32
like and follow for more! 💘
We are being bombarded by news from a new C-19 Variant. Market has reacted harshly to the news and S&P 500 dropped significantly. It was one of the most volatile black Fridays on the record! However, there are few stocks mostly the shining stars of pandemic that are lucrative to buy right now. I have been obsessed with FLGT. That is evident by just looking at my...
My chart is giving a very high probable signal that $FLGT is going to reach $120 - $130 levels soon. The rejection of the down move with a strong bull candle shows that conviction. I shall be watching this. I am recording this observation for my reference. Feedback welcome.
I have been following and holding position in FLGT for past few weeks now, while every article here and elsewhere on the web point to FLGT being very bullish (frankly, past 2 weeks I only came cross 1 or 2 twits or post shorting FLGT), investor haven't been able to enjoy any return beyond 120 level. So, what is going on one might ask?
FLGT has 2.8B market cap as...
Earnings soon so may pull back again before then. Conflicting info on earnings Earnings whispers says 8-5. TradeView says 8-9. They are expected to beat but market reaction is the key.
Shot interest is still high but decreasing slowly, but still high at 27.98% Negative volume remains high.
I am guessing this one is a "fly by the seat of your pants" type of...
FLGT is one of my favorite stock for long term holding with very strong fundamentals. Sold some $90.00 Naked Puts as price rejects to break 0.618 level on 4 hour chart. Also 4 hour trendline broke with RSI at 46. For the scalpers/short term traders the first target should be 0.50 level.
Please hit like, if you agree.
Thanks
This one broke up from what appeared to be a bear pennant. Short interest is over 30% which scared me when I got in this close to C because short interest was even higher then. That is when I turned this into a bear pennant in my mind verses a triangle. The pole down was not too straight and when price started breaking the top trendline, in my mind it became a...
