Falken Industries, Ltd. Message Board

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Non-Tech : Falken Industries, Ltd.

FLKI 0.0001000

0.0%

Oct 31 9:30 AM EST

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From: JustForBucks	11/10/2010 4:43:09 PM
	of 106

Technically Speaking OTC : FLKI Speaking of FLKI, the consolidation phase is at an end and a break-out to .23-25 cents is a certainty. The techies support this conclusion in their reports and FLKI is promoted as a strong buy : The price and moving averages have closed below FLKI's Short term moving average. The short term moving average is above its mid-term; and above its long term moving averages. From the relationship between price and moving averages; we can see that: this stock which is still consolidating is NEUTRAL in short-term; and BULLISH in mid-long term. A close at .14 cents or higher puts the stock in The very BULLISH category with a run to .23+ a certainty. Bollinger Bands The Bollinger Bands have closed above the bottom band by 39.3%; Bollinger Bands are 116.9% wider than normal.The large width of the bands suggest high volatility as compared to FLKI.OB's normal range. The bands have been in this wide range for 12 bars. This is a conclusive sign that the current sideway trend is ending. Time to buy now for run to the mid-twenties.

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