Formed a massive H & S pattern but ....

FLUENCE CORPORATION LIMITED (ASX:FLC)

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ASX:FLC FLUENCE CORPORATION LIMITED

trendanalysis chartpattern indicator flu

Fluence Corporation chart has formed a massive H & S pattern and price is currently at the neckline. Price may get maintained due to a SPP that is currently open but the capital dilution has risks. IMHO it is looking a bit bearish but let us wait for the completion of the price movement at the neckline

Komen:

We are likely to see a break of the neckline as the move back to $0.50c appears to be a fake

Penafian

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