Purely for technical reasons. I usually do not rely on Elliot Wave patterns alone, especially if I have to try way too hard to 'see' them, but the FLPC chart shows a nicely completed pattern. It appears yesterday started creating the last leg of a triangle, therefore I think it's reasonable to think that there will be a break out of the triangle at one point or another in the day [perhaps Monday, but I doubt it].
Other technical indicators are also in bullish positions. My view may be a little too optimistic, but we'll see I suppose.
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