MichaldeW

Flow traders quarter hassles

Long
EURONEXT:FLOW   FLOW TRADERS
After a sharp decline with big investors leaving the stock, a retracement to 38% has been reached. After hitting the 38% retracement a movedown has occured. The MACD is about to pass through the MACD triggerline. With the quarter reports coming up on 4th of may this stock might get interesting. I expect a tradingrange with around 37 as top till then but the promise of a flag occuring is getting my hopes up.
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