Classic Darvas breakout and a reliable repeating pattern. Looks great!
Analyzing the options chain and chart patterns of FTAI Aviation prior to the earnings report this week, I would consider purchasing the 33usd strike price at the money Calls with an expiration date of 2023-8-18, for a premium of approximately $1.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
I got stopped out break even on the 7th for NASDAQ:FTAI to turn around and sets up again. On watch tomorrow for possible breakout setup.
FTAI Date of Alert- May 4, 2023 Pattern/Why- Bear Flag Entry Criteria- 26.43 Exit Criteria- Target 1- 20.53, Target 2- Momentum Stop Loss Criteria- 28.27 Indicator Notes- N/A Special Note- Solid Insider selling. Possible Option Idea- N/A Upcoming Earnings Date- July 26, 2023
FTAI is showing a good risk/reward setup here for a short in this range. Entries are scattered across red zone. Stop loss and PT's shown as well.