When (FTI) Moves Investors should Listen
February 17, 2024, 09:26 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FTI
- Buy FTI slightly over 19.58 target 21.63 stop loss @ 19.52 Details
The technical summary data tells us to buy FTI near 19.58 with an upside target of 21.63. This data also tells us to set a stop loss @ 19.52 to protect against excessive loss in case the stock begins to move against the trade. 19.58 is the first level of support below 19.72 , and by rule, any test of support is a buy signal. In this case, support 19.58 would be being tested, so a buy signal would exist.
- Short FTI slightly under 21.63, target 19.58, stop loss @ 21.69 Details
The technical summary data is suggesting a short of FTI as it gets near 21.63 with a downside target of 19.58. We should have a stop loss in place at 21.69though. 21.63 is the first level of resistance above 19.72, and by rule, any test of resistance is a short signal. In this case, if resistance 21.63 is being tested, so a short signal would exist.
Swing Trading Plans for FTI
- Buy FTI slightly over 21.63, target 23.8, Stop Loss @ 21.57 Details
If 21.63 begins to break higher, the technical summary data tells us to buy FTI just slightly over 21.63, with an upside target of 23.8. The data also tells us to set a stop loss @ 21.57 in case the stock turns against the trade. 21.63 is the first level of resistance above 19.72, and by rule, any break above resistance is a buy signal. In this case, 21.63, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FTI slightly near 21.63, target 19.58, Stop Loss @ 21.69. Details
The technical summary data is suggesting a short of FTI if it tests 21.63 with a downside target of 19.58. We should have a stop loss in place at 21.69 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 21.63, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for FTI
- Buy FTI slightly over 21.63, target 23.8, Stop Loss @ 21.58 Details
If 21.63 begins to break higher, the technical summary data tells us to buy FTI just slightly over 21.63, with an upside target of 23.8. The data also tells us to set a stop loss @ 21.58 in case the stock turns against the trade. 21.63 is the first level of resistance above 19.72, and by rule, any break above resistance is a buy signal. In this case, 21.63, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FTI slightly near 21.63, target 19.58, Stop Loss @ 21.68. Details
The technical summary data is suggesting a short of FTI if it tests 21.63 with a downside target of 19.58. We should have a stop loss in place at 21.68 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 21.63, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Technipfmc Plc (FTI) available here: FTI.
FTI Ratings for February 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Weak |
Strong |
| P1 |
0 |
0 |
19.58 |
| P2 |
19.18 |
18.89 |
21.63 |
| P3 |
19.52 |
19.45 |
23.8 |
AI Generated Signals for FTI
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Technipfmc Plc (NYSE: FTI) report below is a real world example. Included are trading plans for FTI, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for FTI:
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