tsx_trader

FLT and DFLY seem to be bouncing back. Attractive price.

Long
TSXV:FLT   DRONE DELIVERY CANADA CORP
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3
See chart.

Comments

can u explain how come DFLY and FLT are the same ?
Reply
tsx_trader panxhajj
@panxhajj, They are not the same however, usually stocks of a certain industry move in tandem together; this is not always the case, but usually the case. For an example, if you look at airline stocks, gold stocks, and tech stocks over the last year, you will find that they all went up and down as an industry together.

As for those two charts. They look very similar in terms of volume, a cross over below the zero cross on the MACD and similar RSI and moving averages



My pick between the two is FLT. I feel more confident in FLT but in all honesty I had spent so much time researching FLT where as I did not do the same with DFLY.

Just to be clear. When I say they look similar, I am speaking from a chart analysis/perspective
Reply
panxhajj tsx_trader
@tsx_trader, awesome thank u so much for this valuable info , are u bullish on this long term ?
Reply
tsx_trader panxhajj
@panxhajj, Yep. I see 1.99 if you patient enough and for sure a good long hold imo
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