FUTU trade ideas
FUTU Trade Recap
Purchased the $FUTU $55 Call a little early and experienced a quick break down out of our bullish declining wedge (blue). Didn't go exactly as predicted but I held -70% loss at one point for a great play coming out at ~135% gain on initial investment by following my indicators and price action levels. (Blue & yellow)
Can present itself to be a continuation play tomorrow for a good day trade. Still holding 1/3 of initial position .
$FUTU Holdings Bull-Flag Breakout 🐂🐂
Bull-Flag Breakout underway pre-market in FUTU
Daily indicators all in reversal and bullish uptrends.
Volume increasing.
Targets as per the resistance levels on the chart.
Cleared the Point of Control (POC).
$44.10 November candle close is next resistance before
a nice rally can occur .
LONG , Target price 50$ NASDAQ:FUTU after a short squeeze target price 50$.
MACD crossed on 1D
Price > 10% of SMA 200
$FUTU : Looking very very niceAbout to take on the weekly 9ema.
Close above the BTFD box this week will be extremely bullish
$FUTUChart looks great, been held down for last few days. Looking to break out of current downtrend, then the flag. Good entry here imo.
FUTU - where are we going with this?$FUTU seems like a Chinese eTrade from their website.
Does anyone have any DD on $FUTU?
looking to play a calendar spread:
-1 JAN 15 $60c
+ FEB 19 $40c
$FUTU had multiweek breakout.
I've never tried calendar spread intentionally.
#tradeidea
$FUTUEntry price : 44.32
Fundamentals :
- Sector: Finance
- EPS % Chg (Last Qtr): 1800%
- 3 Year EPS Growth Rate: 111%
- EPS Est % Chg (Current Yr): 494%
- Sales % Chg (Last Qtr): 276%
- 3-Year Sales Growth Rate: 96%
- Annual Pre -Tax Margin: 18.3%
FUTU interesting areaInteresting area for FUTU, decent R/R area. I just dont like that candle that formed today. Just watching for now. We will see.
FUTU Trade IdeaFUTU held above key support, however if it breaks 41 we can see a further push down to 37. If it holds nicely with 20ma sitting right below close and with some bull divergence, we can see a push to 44 and if it breaks 44, can see 47 next.
FUTU - Support at 41/43, good place to start building longsThis one has been pretty good to me and my subsribers us althought our first buy in was stopped out for a tiny loss but we were able to get in again and got some nice profits out of it.
Now we're in a fourth wave so this could and probably will continue some more sideways if it stops at support.
So, building longs slowly is the way to go imo but only if we see price stall around the marked support zone !
$FUTU - Potential Entry HereAnother stock hitting the low range of the pitchfork, a bounce off 20 day would be nice too.
what a clean chart!clearly this one is a uptrend that can hit 100 in 2021. but like i always say lets identify where the dip buy can come in. first you need the mini uptrend channel to break, after that look for a dip entry where the long term uptrend comes into play. im looking to enter this one myself! ill alert it in chat like always :) gl !
