FLNT Should I Buy

Not a good buy right now for a Beginner long-term investor who is impatient. Fluent’s fundamentals are deteriorating (sharp revenue decline, widening losses, margin compression), Wall Street’s latest target cut implies downside from the current price, and there are no proprietary buy signals today. If you already own it, this setup does not justify adding; if you don’t own it, I would skip buying now.

Price is ~3.77 after a -4.07% regular-session drop, showing near-term weakness. Trend structure is mixed-to-positive: moving averages are bullish (SMA_5 > SMA_20 > SMA_200), suggesting an underlying uptrend/attempted recovery. However, momentum is cooling: MACD histogram is positive (0.0613) but contracting, implying upside momentum is fading. RSI(6) is ~69.8, near overbought, which often coincides with pullbacks rather than attractive long-term entry points. Key levels: Pivot 3.423 (important near-term support); Resistance R1 3.863 then R2 4.134. A clean break above 3.863 would improve the technical picture; failing that, risk of revisiting ~3.423 is meaningful. Pattern-based forward stats provided also lean bearish: expected -0.28% next week and -9.64% next month.