InvestorsHub Logo
Followers 108
Posts 4135
Boards Moderated 0
Alias Born 04/21/2011

Re: None

Thursday, 05/19/2011 9:12:59 PM

Thursday, May 19, 2011 9:12:59 PM

Post# of 618
I just received this updated email from the privately-held and independent stock analysis organization INO, and figured I'd post it here for everyone's info (chart not included):

FIRST LITHIUM RESOURCES (FLNTF): In Uptrend

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a Longer Term Uptrend with tight money management stops.

Based on a pre-defined weighted trend formula for chart analysis, FLNTF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Thursday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending May 14th
+30 New 3 Month High in May
Total Score: +75

FLNTF