Is Selling Falanx Group Ltd Here a Winning Strategy?

 Is Selling Falanx Group Ltd Here a Winning Strategy?

The stock of Falanx Group Ltd (LON:FLX) is a huge mover today! The stock decreased 6.36% or GBX 0.44 on November 3, hitting GBX 6.44. About 1.60 million shares traded hands or 60.00% up from the average. Falanx Group Ltd (LON:FLX) has risen 15.91% since April 5, 2016 and is uptrending. It has outperformed by 14.70% the S&P500.
The move comes after 5 months negative chart setup for the GBX 8.18M company. It was reported on Nov, 3 by Barchart.com. We have GBX 5.60 PT which if reached, will make LON:FLX worth GBX 1.06 million less.

Falanx Group Limited provides cyber defense and intelligence services. The company has a market cap of 8.18 million GBP. The Company’s divisions include Intelligence, Resilience, Cyber and Other. It currently has negative earnings. The Company’s business divisions include Falanx Cyber Defence and Falanx Intelligence.

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