$FLT.V $TAKOF is tightening up and having buyers step in recently. Still needs to do some work with volume and price but this could present a swing trade up to the mean with respect to LR. $1.65 Profit Target. I do not have a position in this security.
Please do your own DD and follow your trading rules.
Sun Storm Trading Desk Present 04.19.2021 Portfolio Update for the Week
Stock to Watch/Buy & Hold/Trading
By Sun Storm Investment Research
A Profit & Solutions Strategy & Research
Contact: Find me anywhere debadipb
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
- FLT has not been the subject of short seller reports
- FLT is doing quiet well compared to competition in terms of their research and advancement.
- The Doji is a good sign, and it has since been followed by a good day.
We may see a reversal although this would be ruined if the markets keep moving in a choppy way.
I am going to look at it on Monday and...
It has come to my attention that Flt also known as TAKOFF for my fellow friends in America that it is going on to a Wedge Reversal pattern which brought to my attention that this stock might just hit $5 within the next couple weeks, and what really makes me believe this pattern is that Many trusted websites are saying this stock is under valued. I believe this...
A wedging pattern formed and a breakout is imminent.
✅ Bullish candle at close
✅ Near the end of the wedge
✅ Red Flags = Relative Strength Index (RSI) divergence shown here
A price entry can be made inside the wedge or when the bullish movement is confirmed at the breakout and confirmation level of $2.14.
This is a 1-2 week trade for a 7-10%...
I am long very definitively on FLT.
I think FLT is the best Canadian Drone system wise. And the drone industry is going to be booming for 10+ years.
There are good options on the US side, but for Canadian, FLT has the most contracts is by far ahead of its competition as far as testing and advancement is concerned.
The only thing better is holding military...
Golden Cross circled in blue
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
R/R ratio above 6
250RSI above 50
PT = 2.04$