has potential imoRSI isnt too high, has potential to go to 50 by next friday imo, enter here with tight stop. gl ! leave a like <3
FUTU/N trade ideas
Cup and HandleLarge effective volume this week with a pocket pivot in last 5 days combined with price is over a rising 20 day MA
Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution
Not sure about this one but keeps popping up on Chartmill so I thought I would share.
This one has come a long way this year with a low of 8.16 which makes me wonder when serious selling may occur so be safe.
The weekly and monthly candles do look bullish
Futu Holdings Limited operates digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally. The company's platform offers investing services, including trade execution and margin financing which allows to trade securities, such as stocks, warrants, options and exchange-traded funds in various markets; and wealth management services, which offers various leading fund products, including money market, fixed income, and equity funds products. Its margin financing and securities lending services provides real-time and cross-market securities-backed financing services; and market data and information services. The company was founded in 2011 and is headquartered in Admiralty, Hong Kong.
FUTU could break above a resistance levelFUTU bumped up against resistance, but could break out to above as it's out performing the market. A buy point of 37.33 could be used with a stop loss of 15.86% based on 10d ATR (x2.7). A smaller position size of R6.3 would be required.
Buy Point: 37.33
Stop Loss: 31.41
Position Size: R6.3
great longterm holdlook for a test a bottom trendline for a dip entry. or wait for the top one to breakout and chase on fomo <3 either way this charts going to hit 50 in the near future. the questions how soon? like it up! <3
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FUTU - LongDivergence in 4-h time-frame between the price and MACD.
MACD is about to cross over zero.
Let's wait and see whether it crosses the short-term downtrend line.
FUTU Pennant BreakoutFUTU is launching off the 10 and 20-day moving averages after going from red to green today to break out from a three week long pennant. Strong volume. This looks like the real deal.
FUTU a top gainer, rising +185.5%. Expect Uptrend continuationFutu Holdings Ltd - ADR (FUTU, $28.95) was one of top quarterly gainers, jumping +185.5% to $28.95 per share. Tickeron A.I.dvisor analyzed 107 stocks in the Internet Software/Services Industry over the last three months, and discovered that 94 of them (87.5%) charted an Uptrend while 13 of them (12.5%) trended down. Tickeron A.I.dvisor found 15 similar cases when FUTU's price jumped over 15% within three months. In 12 out of those 15 cases, FUTU's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for FUTU are 80%.
FUTU's Aroon indicator reaches into Uptrend on July 17, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. In 40 of 40 cases where FUTU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
FUTU a top gainer, rising +152.13%. Expect Uptrend continuationFUTU Holdings Ltd - ADR (FUTU, $22.44) was one of top quarterly gainers, jumping +152.13% to $22.44 per share. Tickeron AI analyzed 105 stocks in the Internet Software/Services Industry over the last three months, and discovered that 98 of them (93.75%) charted an Uptrend while 7 of them (6.25%) trended down. Tickeron A.I.dvisor found 15 similar cases when FUTU's price jumped over 15% within three months. In 12 out of those 15 cases, FUTU's price went up during the following month. Based on these historical data, Tickeron AI thinks the odds of an Uptrend continuation for FUTU are 80%.
$FUTU - Potential long term leader just entered a buy point Chinese company operating in the financial services with great fundamentals.
