FTCI trade ideas
Predicted Impulsive 3rd wavePredicted Impulsive 3rd wave
Just finished the first wave (Leading Diagonal), in the process of correction for the second wave, probably 3rd impulsive wave is coming
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.
