Skip to content Skip to sidebar Skip to footer

First Tr Etf Vi ($FTXN) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for FTXN

  • Buy FTXN slightly over 27.12 target 29.08 stop loss @ 27.04 Details
  • The technical summary data tells us to buy FTXN near 27.12 with an upside target of 29.08. This data also tells us to set a stop loss @ 27.04 to protect against excessive loss in case the stock begins to move against the trade. 27.12 is the first level of support below 27.5725 , and by rule, any test of support is a buy signal. In this case, support 27.12 would be being tested, so a buy signal would exist.

  • Short FTXN slightly under 29.08, target 27.12, stop loss @ 29.16 Details
  • The technical summary data is suggesting a short of FTXN as it gets near 29.08 with a downside target of 27.12. We should have a stop loss in place at…

Read the full article…