Bullish TSXV:FLT 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 $2.14. This is a 1-2 week trade for a 7-10%...
I am long very definitively on FLT. I think FLT is the best Canadian Drone system wise. And the drone industry is going to be booming for 10+ years. There are good options on the US side, but for Canadian, FLT has the most contracts is by far ahead of its competition as far as testing and advancement is concerned. The only thing better is holding military...
so we covered the stock thoroughly in our DD article on our site so I will not expand here but just go over several facts: they were founded in 2014 and currently using an AI integrated system called FLYTE that is not fully AI yet and monitored by staff in DDC headquarters but I expect full AI in the upcoming years. they have 3 main types of drones the smallest...
Long Pros: -Higher Highs, -Strong Weekly -Strong Market Bias Towards Future Tech -Broke 3 level highs Most likely pull back to the level and then go up again.
Bullish pennant Pros: Golden Cross circled in blue Descending volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 250RSI above 50 Cons: 200MA flat If confirmed: PT = 2.04$
Great cup and handle pattern completed. Now continuing on a significant uptrend. MAs beautfully positioned. Volume picking up nicely. I want to see this thing fly like DFLY! Cheers
FLT Support and resistance Weekly Closing above $1.10 - 1.20 can leads to all time high in 2021 Do you DD, this is not investment advice
As you can see on the chart, the stock bottomed out in 2020 at around 0,5 $. Since then we've made higher lows consistently. Therefore I think the stock is heading in a new direction for good. Since what happened with DJI, I think the market is looking for new drone companies to invest in. UAVS had a really good run while nothing really happened with FLT. Drone...
I plan to hold for the long term but I'm rather bullish short term as well :D
Not a Penant but a Flag, Watching Pros: Golden Cross circled in blue Watching volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 9 250RSI above 50 Cons: 200MA flat If confirmed: PT = 1,28$
broke out, now backtesting the break out. looking for 1.4-1.6 range next $FLT.CA
Bullish Pennant, Watching Pros: Watching volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 9 250RSI above 50 Cons: 200MA flat If confirmed: PT = 1,33$
FLT is one that truly has power to move incredibly to the upside. The company is doing great things, and is outpacing all competing drone delivery companies by a stretch. They are creating multiple revenue streams, they have a good management team as well. I think in 2019 they had a huge run to 1.71, the reason being is the hype surrounding the product and the...
2 criterias for breakouts with FLT-C : - Break a minor downtrend - Be above 50MA With these criterias, it worked 4 out of 4 times. Each time it grew at least +25%. We're at 0.66 The 50MA is at 0.69. We just broke the minor downtrend. We're sitting on the uptrend. We just formed a head & shoulders short-term. There is a larger head & shoulders under...