FTAI WATCH FOR THE BOUNCESFTAI Aviation. I'm watching the price action and the RSI for the bounces. The price came down to the previously drawn trend line and touched perfectly. The RSI has historically reversed at the level marked by the yellow horizontal line in the RSI graph. Watch for confirmation in the coming days, but the company's stock price has been rising on a parabolic curve since the beginning of 2024. I'm long 200 shares and a short puts at $145. If the narrative develops as presumed herein, I will add to my long position.
Stay Nimble
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