FLI - found support at 1.74

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FLI = 1.76 (-8.3%)

FLI seems to be have found support at 1.74.

FLI previously tested this support level and bounced up to test its recent highs before succumbing to the pressure set by the recent bad news...

Again FLI tested 1.74 and closed above it to form a white candle.

It may seem that the bulls are still in FLI. It would be confirmed tomorrow if FLI forms another white candle, higher lows and higher highs. A gap up with significant volume will make us consider a buy.

Support: 1.74 (I hope it holds)
Resistance: 1.8-1.9 (gap down)

Good luck to all FLI traders!

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