Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
Overall FTDR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FTDR is showing a nice and steady performance.
Besides having an excellent technical rating, FTDR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 34.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTDR in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
|An entry @35.10. This is a Buy Stop order right above the resistance zone.||An exit @33.87. This is a Stop Loss order right below the 10 day low.||The trade has a worst case loss of 1.23 points, which is 3.50%.||For a 0.88% total portfolio risk, you can invest 25.00% of your capital in this trade.|