FTAI trade ideas
My Watchlist: FTAIFTAI, an IBD50 stock has a setup(1) now. I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(2). If so I will then place a stop-loss below (3) and a price target above it(4).
"Keep your face always toward the sunshine, and shadows will fall behind you.' -Walt Whitman
Buy FTAI AviationShort Term Trading Advice by Naranj Capital
Buy FTAI Aviation
● Buy Range- 104 - 107
● Target- 115 - 117
● StopLoss- 98
● Potential Return- 7-9%
● Duration- 14-15 Trading Days
When Platform Position Style Trades Go Momentum: FTAIThis platform position-style trade is starting to shift to a momentum or swing-style trade, which happens frequently with platforming trends. Above is a daily chart so you can see the shifting daily patterns from platforming to momentum.
The angle of ascent is getting steeper, which is best seen on a weekly chart, below. If you are holding this stock or others similar to this trend, it is time to shift gears to watch for speculative trading and other risk factors.
At some point the angle of ascent will be too steep to sustain the uptrend and you will need to plan how to manage the trade: take profits or hold? Is there potential for longer-term growth? If so, a profit stop must leave ample room for the stock to adjust out the big gains.
✈️ $FTAI is it ready to take flight again?Classic Darvas breakout and a reliable repeating pattern. Looks great!
FTAI Aviation Options Ahead of EarningsAnalyzing 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 forward to read your opinion about it.
$FTAI breakout setupI 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 - Short 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 Currently At Short ZoneFTAI 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.
