FJET - Bulls Regaining Control? Structure vs. Momentum

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Momentum shifts in layers.

Long-term structure resets first… short-term confirmation follows.

FJET may now be entering that second phase.

📊 Technical Breakdown

🟠 Long-Term (Daily)

On the higher timeframe, FJET already shifted from bearish to bullish after reclaiming the major blue structure around the $6 - $7 zone.⚔️

That area remains key long-term support.

As long as price holds above this structure, the overall bias remains intact.

The major levels remain:
• $15 => Mid-term resistance
• $30 => Long-term resistance


🔵 Short-Term (1H)

On the lower timeframe, price is consolidating within a range, forming an inverse head and shoulders pattern.📍

The pattern’s neckline, which aligns with the local resistance zone at $7.5, remains the key trigger.

If bulls reclaim that zone, momentum could open the path toward the $10 - $12 supply zone.📈

A confirmed move above $15 would bring the $30 level back into focus.

💡 Market Context

FJET is an aerospace-related company currently trading on NYSE American.✈️

Like many newly listed small-cap stocks, price behavior is still developing its early structure and liquidity profile.

This often results in strong impulsive moves followed by extended consolidation phases before the next directional expansion.

📌 Bottom Line

The long-term structure remains intact above $6 -$7.
Short-term compression is building pressure.

If bulls reclaim the $7.5 - $8 zone, momentum shifts from potential to confirmed.
Above $15, the larger structural move toward $30 comes back into play.

For now, we wait!⏱️

⚠️ This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

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