For the past year, FLEX PHARMA INC - NASDAQ:FLKS has found itself in base mode with the exception of a handful of sharp violent upside moves accompanied with large volume as is evidenced in the Daily chart above.
In addition, we can observe that FLKS presently finds itself trading above all of its important moving averages 20/50/200 DMA's, which is technically healthy.
We are watching the action very closely here as we suspect that we may very well be nearing another potential explosive move that should such development occur, we would not be the least bit surprised if the stock were to power-up into the $0.75-$1 zone in rapid fashion.
Thus, both investors/traders may want to put FLKS front-and-center on their radars with a close eye on any volume pick-up that may provide clues that the stock is ready for another potential burst into northern ground.
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.