Falken Industries Ltd is solidly positionned as a premier conceptor, developer and manufacturer in a its global markets and traders and investors seem to have taken note. The stock has soared recently and yesterday saw heavy profit taking creating entry opportunities which should not be neglected.. Heavy Profit taking spells a timely opportunity to buy FLKI at these levels. A favorable volume and price alert was triggered yesterday by broker and investment banker Charles Schwab to its subscribers for Falken Industries Ltd. FLKI's Trading Volume Exceeded Daily Average by 1078.5% FLKI is down $0.10 or 20.00% to $0.40 on heavy volume that exceeded its daily average by 1078.5%. This performance results from heavy profit taking, the stock having moved from 5 cents to 50 cents in the last few weeks. Heavy buying is expected. Projections on technical indicators are for a short term price range of 80-85 cents, and $ 1,40-50 between now and the end of the year. Whichever way you look this is a BUY BUY BUY at 70 cents or lower and all the way to $1 if your trade cycle includes a long term six months ! Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed thourgh a network of global plateforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards. Falken product conceptions continue to retain leadership positions in qualtity, innovation and price thoughout the world.
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