The key for me for profitable swing-trading is avoiding bets that go against the trend. That means when the general trend is moving up, I only look to catch the bottom of a channel for long (buy) opportunities (as opposed to trying to short the top of a channel).
As you can see in the chart, FLDC is in exactly this position of being at the bottom of its channel during an upward movement. I expect to see a strong move upwards once the accumulation period has ended and price closed about the 20 EMA. Note that I wouldn't be surprised to see the move stopped momentarily at the trend line crossing the previous high (600-650) before continuing towards the top of the channel.