Cycle Analysis: Recovery zone - good buy
Updated
Beautifully recovering. Perfect time for entry very near. Big buy-in from ARK investments yesterday.
Green line: Historic high of Mar 2014 and June 2017. Tested as support on Dec 2018. FLIR MUST break this resistance to be bullish.
Entry: 41.52 - 43.25 on Nov 27 after confirmation that FLIR is above the Green line.
Exit: Earnings day (stock peaks towards run up to earnings). Price target: 50.89 - 55.64
Good luck!
Green line: Historic high of Mar 2014 and June 2017. Tested as support on Dec 2018. FLIR MUST break this resistance to be bullish.
Entry: 41.52 - 43.25 on Nov 27 after confirmation that FLIR is above the Green line.
Exit: Earnings day (stock peaks towards run up to earnings). Price target: 50.89 - 55.64
Good luck!
Note
Unfortunately FLIR didn't prove it could hold above the Green resistance line. I will now delay my entry to next week once FLIR confirms the move up.GL!
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