FLPC Daily Chart ~ Holding at the MA200 I began
Post# of 2559
Posted On: 03/02/2014 4:54:25 PM
FLPC Daily Chart ~ Holding at the MA200
I began acquiring a starter position in FLPC since Feb 14. This rare earth mineral company shows a lot for promise for those looking out a few weeks or months. There's a ton of DD available, and there are a couple of catalysts which could put the stock back to its previous highs very quickly. As to the technicals, the stock is attempting to hold and bounce off the MA200. The short term resistance on the upside is the .027/.028 level. Any close at .028 on volume will bring into play a test of the next resistance of .0379, established in Jan and .0399 in Dec. The FullSto and MACDs are positioned very nicely and just beginning a positive crossover. FLPC has a lot of room to run should any news hit. I hope to add more on any dips to the .02 levels. This stock is a longer term hold to me and will probably be held for months in the hopes of .25+ later this year. GLTA
I began acquiring a starter position in FLPC since Feb 14. This rare earth mineral company shows a lot for promise for those looking out a few weeks or months. There's a ton of DD available, and there are a couple of catalysts which could put the stock back to its previous highs very quickly. As to the technicals, the stock is attempting to hold and bounce off the MA200. The short term resistance on the upside is the .027/.028 level. Any close at .028 on volume will bring into play a test of the next resistance of .0379, established in Jan and .0399 in Dec. The FullSto and MACDs are positioned very nicely and just beginning a positive crossover. FLPC has a lot of room to run should any news hit. I hope to add more on any dips to the .02 levels. This stock is a longer term hold to me and will probably be held for months in the hopes of .25+ later this year. GLTA
| 02/20/14 | Bought | 99,960 of FLPC @ $0.0199 (Order #637) | -1,997.19 |
| 02/20/14 | Bought | 100,000 of FLPC @ $0.0206 | -2,067.99 |
| 02/20/14 | Bought | 100,000 of FLPC @ $0.0211 (Order #630) | -2,117.99 |
| 02/14/14 | Bought | 9,872 of FLPC @ $0.023 (Order #605) | -227.06 |
| 02/14/14 | Bought | 40,128 of FLPC @ $0.024 (Order #605) | -971.06 |
| 02/14/14 | Bought | 100,000 of FLPC @ $0.0245 | -2,457.99 |
| 02/14/14 | Bought | 100,000 of FLPC @ $0.0245 (Order #602) | -2,457.99 |
| 02/14/14 | Bought | 50,000 of FLPC @ $0.0249 (Order #600) | -1,252.99 |
| 02/14/14 | Bought | 100,000 of FLPC @ $0.0231 | -2,317.99 |
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