FTFT is high-risk due to multiple reverse splits and unclear fundamentals; requires strict stop-loss management.
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Okay. So, good stuff there. Now, FTN, I know we're running out of time here. I saw several of you folks are mentioning FTNT stock is not moving around at all. Oh, excuse me. FTFT.
I had the ticker wrong. I'm It's my fault. My fault. This is going to be future fintech. This might have been on the movers list. I'm sorry if we skipped over it. Here's what it looks like.
Here's the key. $3. Definitely a key area. We also have one up here at 350. Maybe one here at 339, 340. Uh, but this looks like it's curling back up to the areas that it put in on Wednesday, September 9th.
This is a Swiss stock. Oh, excuse me. This is a Hong Kong stock. I beg your pardon. And I don't see what does this form 20 have in it.
This used to be one of Okay. So, you remember back in 2020 when and maybe 2021 when uh all these cryptos and Bitcoin, everything was all the craze. This was one of the names that uh got caught up in that.
Um and it popped one day and it came back in. Uh I remember trading this. It uh continued to leak and it went reverse splits. Um, I don't I thought this used to be a US company at one point.
I don't know when it became Hong Kong, but it wasn't uh what they're doing now, which is the production and sale of fruit juice concentrates. It was never that when back in 2020.
So, um I don't know what this is anymore. I don't trust it either.
And nor should you. 831 Jay, good mention here. one for four reverse just several days ago. Yep. And look at that's the third one they've did this year or done they this year. So trade it if you want.
There's certainly levels um maybe it goes to 355 like it did a couple of days ago. But just understand what you're trading here. This thing uh could make a bag holder out of you.
So, make sure that if you're trading this, you got your stop set and you got your managed, you got your risk managed.
So, there there goes future fintech uh climbing up to probably the 3505 area. There's a big seller in the way at 350. So, just make sure you are uh setting your stops in case this uh comes back down quickly.
Don't want to make any bag holders out of any people here. uh or sorry go ahead.
All right, let's look at some of these other movers here. So, uh FTFT 335 was the high.
So, here goes. Uh, FTFT. Uh, possibly making uh its next move here. It's got to get through a lot of uh uh shares at 330. So, need to see volume expansion here to get through that.
We're coming right up to it. see if it chews it away and can get through or it gets rejected.
FTFT down at support. Uh but it's beneath three. So if we lose this uh support level, which is, you know, looks to me like it's between 295 and three. Uh there could be some uh movement down to the 260 250 260 level.
And then FTFT. This is another one of our movers here from earlier. So, this came back into the VWAP and so far trying to bounce at it or bounce from it. I beg your pardon. Actually, it looks like it bounced from the 15 EMA, but it's above the VWAP at the moment.
Um, so I think uh for me and when I'm how I'm looking at this, if we get rejected at 315, then I think this could come down even further.
FTFT coming up to my view app. Not not uh through it yet. Actually facing some resistance. volume is starting to uh fade here as well. I'm I think uh I think FTFT you need to be careful with here at this point.
What this channel has said about $FTFT
Benzinga has only this one call on this stock.