FTI CONSULTING / FCN Long IdeaSeasonality gives us a very high propability that we see 10+ % gain in price the comping das until mid of April.
I am already invested but add to my trade as soon as we see some price action to the upside.
Trade at your own risk and trade only what you see and understand.
FCN is a quality stock in my list of shares I look at anyway, so it is good to find cheap price entries.
The stock is undervalued, too. Fair price can be considered 210.
Good Luck
Cheers!
FCN trade ideas
FCN trade coming upI got stopped in early already and price made one more down, but on the longer term (until mid of april) we should see some good gains.
This is not a trade call, but looking for a buy via a candle stick pattern or something you like and understand could be a provitable trade.
good luck!
cheers!
FCNFTI Consulting (NYSE: FCN) is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional.
Pullback to previous breakout level with re-emerging strength.
FCN Overvalued Top Of Range Provides OpeningTechnicals
Stock is channel bound with expanding volatility.
Upthrusts are weaker when bouncing off the resistance.
Has a weaker relative strength than the market.
Overbought and prime to reverse.
Good amount of profit taking at the top of the channel.
Fundamentals
Revenue is good but margins are compressing.
2021 was an anomaly year, they had solid cash flow and margin expansion; but now they are priced to have this growth continue.
Caveat: valued reasonably relative to competitors.
Stop above the channel incase this is backing up action leading into a break out.
FTI Consulting *FCN Falling Wedge Trade the BreakoutFTI Consulting falls under the radar for a potential LONG with this falling wedge pattern in play . On the 25 Feb we have Earnings numbers coming in and during December 2nd 2020 the board authorised 200 million Dollars for the re purchase of its Shares.
The Falling Wedge CAN FAIL the same as any other triangular pattern so make sure you wait for confirmation with a candle close with a break of the resistance and High Volume .
They are the ingredients needed and of course better than expected earnings numbers could also be encouraging ...
Trade with a Solid Plan , knowing in advance your entry, exit , position size, and take profits on the way up ... Show your gratitude with a Like, Follow or a comment ...Thanks for stopping By
FCN: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Resistance broken with a gap # 3Same concept again but in this case the gap is not visible from the daily chart.
Now is Friday night.
I am an end of day Analyst and y support my ideas from weekly charts and this mean
I need the closing Friday prices to do my analysis, given the relevance of the weekly charts
logically I also do analysis during the week because I need a confirmed weekly breakout and then the price pullback
For example in this idea the trader need to wait for the pullback
Then the trader can put this stock in your watch-list and follow it from the daily chart and trade with your own strategy
Traders work from 9 PM to 4 PM
I find Ideas after the 4 PM until 11 PM
I know what my goal is
I am an end of day Analyst and stock picker