For long-term investing, we usually look at fundamental analysis. It may also be useful to combine FA with technical analysis (TA).

A pattern was observed in FCL and the “uptick” or ascending scallop pattern may materialize with an uptrend. Neither am I speculating here nor an expert on TA, my prediction is that it will go even higher like most past scallops. Nevertheless, it might go the other way by falling. This will be further updated in a Part 2 post.


-Any comments made in this blog are solely based on opinions
-The writer/author of this blog does not accept any liabilities or losses that arises from the writings/contents of this blog
-Information shared in this blog does not guarantee completeness or accuracy
-Any companies’ names mentioned in this blog does not imply a “Buy”, “Hold” or “Sell” recommendation. They are simply just for discussion purposes.