SlavicChartist

FLUX Power (1D) Could it be SO bullish ?

Long
SlavicChartist Aggiornato   
NASDAQ:FLUX   Flux Power Holdings, Inc.
Hello Traders,

This analysis is based purely on Elliot Wave trading analysis. As you can see My Wave count expect trend reversal.
Wave A was amazing1:1, Wave C alredy formed 5 subwaves (whch are most likely finished).:
- RSI 1D is positively Ceonverging,
- MACD 1D is positively oConverging,
- Today 10.2.2022 at 4:30 Eastern Time will be reported Earnings for 4Q/21.

Its very nice price entry from All time low only 13% up. = Aiming for 6 to 7.5 USD sell zone it brings me very interesting Risk Reward Ratio.


trade safe, do your own research and EW count + always use stop-loss ;)
Ordine annullato:
DIgging deeper into fundamentals it looks like almost dead company with no / very little sells. COnsider risk, there are much better companies available to trade. ;)

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