FTC Solar, Inc. (FTCI) Boosts Solar Farm EfficiencyFTC Solar, Inc. (FTCI) is a solar technology company specializing in advanced solar tracking systems that help maximize energy output from utility-scale solar projects. Its single-axis trackers and software improve efficiency, lower costs, and boost performance for large solar farms. FTC Solar’s growth is driven by the global expansion of renewable energy, rising demand for utility-scale solar, and the push for cost-effective, high-yield energy solutions.
On the chart, a confirmation bar with rising volume highlights strong bullish momentum. The price has entered the momentum zone after breaking above the .236 Fibonacci level. A trailing stop can be placed just below that level using the Fibonacci snap tool, helping traders protect gains while leaving room for continued upside.
FTCI trade ideas
Roadmap for FTCIBlue solid lines are established downtrends, green dotted lines are established uptrends. Both the uptrend and downtrend lines are established from equilibrium points, (not highs and lows). Thickness of lines illustrates strength of previous price action. Circles are the crossing of uptrend and downtrend (Crossfire Points), usually resulting in reactions.
BullishI found FTCI so interesting with Bullish convergence and recent breakout
from our EMA100 and EMA50 it means this stocks is ready to breakout soon above $7-$8+
due to market condition and recent drops i believe solar sector can hedge against inflation
and recession since this sector is really needed in this kind of economy,
one of the main reason i choose this to watch is because of outstanding shares of 96million
and with $450million market cap it means FTCI is not heavy and we could look at this stocks
as a GME of solar sector, on my calculation even this stocks goes to $100 the market cap will
only reach around $9.6Billion plenty of room for upside versus other solar stocks they are so heavy
thats why the price cant move to far.
lets see how FTCI will go to all time high very soon.