InvestorsHub Logo
Followers 7
Posts 506
Boards Moderated 0
Alias Born 11/04/2003

Re: None

Wednesday, 12/03/2003 4:36:56 PM

Wednesday, December 03, 2003 4:36:56 PM

Post# of 396422
FLCR: Look at 200 DMA chart

I found it on Yahoo Finance Technical Analysis. Look at the 3 and 6 month charts with the 200 dma. The Redline, indicating 200 DMA and the price line which is now running on great news and buzz, appears heading for the black priceline like a car crash!

It broke the 50 DMA today (.10/.11) on news.

This is a healthcare stock that ran to $2 less than a year ago on rumors that the Kentucky legislature would sign a contract. The bill died. But now, with the new legislature convening a month from now on Jan. 4, '04, and new management and a new lobbyist in the statehouse (yes, I've done way too much reading on it) FLCR appears to be on a collission course with that 200 DMA. I think if today's news had come out early in the day, we'd be looking at mid to high teens right now. So track it at the open tomorrow.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.