My dowsing picked this stock in November or so and on 11/16 gave today as a future date to watch for a move up.
Twice I get the "safe and profitable to buy" option today and parabolic daily chart option. Twice I get a target of $26, which seems kinda nuts ;) but that's fine.
It might be a better entry on Monday, but the date was today, so...
It also seems it...
Oil stocks are moving. Buy the strong ones. This is a good chance to move your account by 7 - 15% in a month!! with a risk of about 3%
NYSE:OII NYSE:TDW NYSE:FTI NYSE:TTI NYSE:HLX
Reasoning
Whole Industry is moving!
Consolidation seems done
Correction is not overextended
Good Relative Strength
Great earnings
RSI tested bullish range...
Trend trade on FTI(not FTX, lol).
Why I like this idea:
1. Strong, healthy bullish market structure(higher highs, lower lows for months)
2. Well defined channel
3. 50 EMA is acting as support
5. Local fixed range volume area as support
6. Local fixed range volume POC as support
7. A confluence of fib levels such as GC, 382 and 236.
Entry price is at local...
the oil service and equipment industry has been on fire and there are still some stocks in the sector that have not run as hard as their peers. I think FTI is one of them. Pretty large order flow the past week aswell. I would like this to get over 7.05 and base will prob see a little rejection around 7.20 area may expect little consolidation between the 7.05 and...
Vertical trend broken now back to old resistance line but will turn back to support line fairly soon. Unfortunately wont see much support till around earnings time.
It is hard to find a ticker that will perform in a down market, but not impossible.
I use various tools to identify which way a sector is headed and what tickers have potential within a sector that may be doing better than the rest.
Using one of my tools i came across FTI and find the ATR is supportive, MACD and stochastic have done an about face with a golden...
center stage image
stock
our system found that FTI received the best image over the course of last week.
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we see a moderate positive correlation with our image indicator. We therefore assume that prices are driven partial emotionally as there is probably some other catalyst with regard to the company resulting in an uncertain pricing.
new...
TechnipFMC is the largest provider of integrated deep-water offshore oil and gas development solutions, offering the full spectrum of subsea equipment and subsea engineering and construction services. Additionally, the company provides various oil and gas onshore engineering and construction services, with a long-standing expertise in delivering liquefied natural...
![FTI: the b[AI]te's weekly insights -- FTI 2021-03-01](https://s3.tradingview.com/f/FNEhfWNa_mid.png "the b[AI]te's weekly insights -- FTI 2021-03-01")
