Overview
A recent initial public offering (IPO),
FLY, may be of interest for those looking to update their watchlist. The company operates in the Space and Defense sector, which adds to its appeal.
Technical Analysis
The 30-minute chart forFLY appears to show a shorter-term basing pattern. This technical setup suggests the potential for future upward movement, making the stock worth monitoring closely.
Investment Position
I currently hold a long position in $FLY. My stop-loss is set just below the lowest low, allowing for risk management while remaining positioned for possible gains.
A recent initial public offering (IPO),
FLY, may be of interest for those looking to update their watchlist. The company operates in the Space and Defense sector, which adds to its appeal.Technical Analysis
The 30-minute chart for
FLY appears to show a shorter-term basing pattern. This technical setup suggests the potential for future upward movement, making the stock worth monitoring closely.Investment Position
I currently hold a long position in $FLY. My stop-loss is set just below the lowest low, allowing for risk management while remaining positioned for possible gains.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.