FBP Stock Long Position Confirmed Monday 7/7/25Hello,
Ayrfolio trade ideas are based on weekly charts and momentum, so remember to be patient! No day trades here unless the stock soars up intraday! Today we’re covering:
COMPANY: First BanCorp
STOCK SYMBOL: FBP
POSITION: Long
TP1 Risk-Reward Ratio: 2.0
TP2 Risk-Reward Ratio: 4.0
Stop Loss: must wait AFTER daily candle closes to exit trade (regular candle, NOT Heiken Ashi)
Ultimate Stop Loss: can exit IMMEDIATELY if price reaches this level during any trading hours
EXPLANATION: Weekly momentum increased and confirmed on Monday 7/7/25 at $20.84/share. Although the stop losses are listed on the chart, if momentum has been lost then we can exit before the price reaches the stop loss.
DISCLAIMER: Please do your own due diligence before making any decisions.
P.S. - Stocks can soar. YOU can soar. Soaring is possible!
-Ayrfolio
OLWN trade ideas
Rising interest rates = Buy Banks (#4 FBP)This is the benefits of watching weekly charts with a ten year perspective, this is called top down analysis from left to right and when the eyes are in the today days then I use a daily chart with different moving averages parameters.
I can observe a Flag Pattern between a big channel and the price is breaking the resistance line of this flag, this allow me propose two targets that suit the preferences of the traders
A swing trading with a close and modest target in the 7.00 area or a position trading without a specific target; why I do not give an exact target, because the trader he likes this idea can set a personal target based in your personal objectives and your risk reward profile.
On the other hand I propose position trading ideas based in my set up (Weekly Charts with Ten years Horizon) The formation of this Flag takes One year to give shape.
Why buy and hold the trade for Two Weeks only, if it takes several years to give shape this channel and the possible breakout of the channel.
The possible breakout of the resistance line of this big channel is based in strong momentum of the financial Industry