Long
Cycle Analysis: Recovery zone - good buy
Beautifully recovering. Perfect time for entry very near. Big buy-in from ARK investments yesterday.
Green line: Historic high of Mar 2014 and June 2017. Tested as support on Dec 2018. FLIR MUST break this resistance to be bullish.
Entry: 41.52 - 43.25 on Nov 27 after confirmation that FLIR is above the Green line.
Exit: Earnings day (stock peaks towards run up to earnings). Price target: 50.89 - 55.64
Good luck!
Green line: Historic high of Mar 2014 and June 2017. Tested as support on Dec 2018. FLIR MUST break this resistance to be bullish.
Entry: 41.52 - 43.25 on Nov 27 after confirmation that FLIR is above the Green line.
Exit: Earnings day (stock peaks towards run up to earnings). Price target: 50.89 - 55.64
Good luck!
Note
Unfortunately FLIR didn't prove it could hold above the Green resistance line. I will now delay my entry to next week once FLIR confirms the move up.GL!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.