FTFT is risky due to lack of cash, unprofitability, and potential capital raise following a reverse split.

Okay. Uh FTFT being mentioned by several folks here in the chat. There you go. We found something that's moving to the upside. FTFT actually not a bad formation too. We had the nice move higher pull back to the 15 EMA.

Now you have a rocket through the structure in the pre-market there. This thing moving on volume here. Congrats to anyone on FTFT.

FTFT, looking at a daily chart, the last time this was up at the 50-day SMA, which is where it's at now, uh the very next day it began this long trek down. So, uh, a recapture of the 50-day estimate could be bullish, but if we get >> What value is that at?

>> Uh, I have that at 409. >> Okay. And man, we went right there 13. That's incredible. Stock literally went almost right to 409. >> So, I think I think what it comes down to it is is just watch what happens uh with this today.

If we cannot recapture that and hold above it, then this is probably going to get rejected at the 50-day SMA again.

FTFT doing a good job holding above four. Looks like it just stopped there at about 420. Just be careful with FTFT. Um they do not have a whole lot of cash and they are not profitable.

>> So they stop us from trading some of those names before. >> Yeah. Well, I mean, they just did a reverse split uh in in late August. Um seems like they're getting ready for some kind of capital raise, so just keep that in mind as you're trading it.

There there could be some more upside here, but um you know, I'm going to always say when it comes to names like this, just make sure you're paying yourself because, you know, they they don't make money.

You don't know when they're going to need to raise capital or what kind of financial, you know, financial um >> uh moves they're going to have to make. Uh, and we still have that resistance at the 50-day SMA, which it's trying to climb over but not succeeding yet.

And by the way, Billy, shout out Billy, our human chat scanner, saying, "Take a look to the left on the 4hour chart. Boy, it sure looks like this entire area is like resistance up to almost 55 and a half."

Wouldn't you say, Billy? That's FTFT, by the way, your 4hour chart.

FTFT we do have our second leg higher here. This thing pulled back to the VWAP held and now went higher. Five tests coming. Congrats to anyone that was on FTF here earlier today.

In fact, if you cashed out on the second move, there's your register ring. Good mover here. Um, right out of the open. Mo chilling. Boom. Out 90% of FTFT.

FTFT still shy of five, but this is doing an all right job holding higher here. Five clearly seems to be that resistance.