FUTU INVERSE HNS SLOW TURTLE BUY ON BREAKOUTNASDAQ:FUTU
INVERSE HEAD AND SHOULDER
SLOW TURTLE BUY ON BREAKOUT
FiFT+VE
MCDX+ BANKER SPIKE UP +
BANKER 60%
ATOM BUY
FUTU/N trade ideas
FUTU - Ready for a new bull run ?FUTU - Looking good but I'm not sure if we're in a wave (ii) or smaller degree wave iv on the 65min chart.
We can buy a break above 160 nonetheless with a very tight stop of 5-6$ and in worst case get out at breakeven if the alternate count is right and price turns lower after making a new high above 164.
could profit off a short position here if this plays outcould be a fakeout breakout past top trendline resistance here, it broke but now its losing volume and interest from buyers. also hitting big resistance area here. look for a dip entry in the 80s
FUTU update from this weekIdea worked wonders, 155 and 160c paid very well. Watching next week over that 159 for retest of 164 and beyond that it's gone squeezing back to 200+
Average true range of this name is $16 or about 10% of the underlying that's highly volatile, so must capitalize on the breather it took today.
$FUTU - uptrend with Ripster's EMA cloud. Cup and Handle?Monitoring FUTU uptrend on 8 April. Is it a mini- cup and handle?
FUTU flaggin over daily consolidation (see 1h chart) FUTU is heavily shorted and has been consolidating downward since February high
It can move big, 20 day average true range is $16, for a $140 stock that's huge!
Watching the morning volume, a build above 150 can squeeze shorts,
FUTU flagging on hourly (see daily)150 is the confirmation for a bigger move, I may add some on the break of this flag.
22% short last I checked, and much higher some days. Will double eoy in my opinion, fintech has no limits and many untapped markets worldwide.
$FUTU flag breakout nice accumulation volume on last few days.
lower volume pullback today..
Expecting this break above the volume shelf to push towards PT 185
FUTU completing a cup and handle ENTER in the green zone... thats when the break out would be confirmed. the grey areas are three areas of support can act as stop losses. (trailing going up, if an entry is made right now, as the ema 12 just cross the ema-26)
futu is an ideal canslim candidate. amazing fundamentals.
$FUTU
Sell FUTUS/L 163
T/P 138
R/R 2.25
Daily dark cloud cover, 3rd touch in down trend, RSI weak
Divergence on weekly; caution
FUTU - BULLISH ABOVE $150Stock broke down trend. needs to hold above $150 to keep running higher. stock was $200 plus recently and has potential.
MACD ALSO TURNING GREEN
$FUTU weeklyLet's see if $FUTU can break out from this trading range on the upside next week.
Price is back above the 10 week MA which is a good sign.
$FUTUStill consolidating and building the right side of its base.
Filled up the prior gap up area.
Average volume is on rise.
Still fragile.
I've taken a test buy at $142.4 on the 31.03.
Let's see how it works out.
Futu go go goFUTU rally again after touching previous resistance, expect this stock to rally even higher these few days!
FUTU Holdings Bullish Reversal PatternSwing trade idea buying channel support to sell at channel resistance. Target $140
Futu nearing area of least resistance, SL suggested, chose PTgraph explains is all.
volume and price both ramping up.
FUTU price target of 155$NASDAQ:FUTU breaking out of from a clean falling wedge with expectations to reach 140$ and later on 155$. If that fails we can find support at around 94-97$ levels. Don't be surprised if there's a pullback it might happen before we reach 140$ and 155$.
FUTU sitting on the bounce zone.FUTU has been beat down horribly after reporting above averages earnings. It is close to completing a full compound correction and is coming into trendline and fib support. It has massive range so if any good new comes out of China tomorrow this could explode higher. Best case scenario is that the sell off was due to the Archegos liquidation and not something fundamental like getting delisted from the US exchange. A gap down tomorrow into the lower part of the green box would offer an excellent risk to reward entry.
FUTU bullish scenarioVery strong stock that is getting beaten down lately. FUTU had a stellar Earnings report but has gone up a lot in last year so consolidation was expected.
Both support lines are 100% projections from previous corrections. First one around 117 was undercut so I believe price will go down to 100$ and than bounce back to ATH.
This is not an investment advice, just opinion of a beginner trader/investor.
Good luck out there to all FUTU holders!
