Hindsight Markets Recaps Small-cap stocks on October 28, 2026
FTFT, October 28: a $3.30 wall, a $3.29 high, and $2.89
FTFT opened near its previous close, then ran to $3.29 during the session.
What happened
A quiet stock wakes up at 11:13
FTFT spent the morning near $1.90 on thin trading. The previous close was $1.86 and the only news was a 3:09 p.m. headline the day before. At 11:16 it hit $2.55, then traded back to $1.98 inside the same minute. That minute alone was 103K shares.
The wall above the run
The big move came after 1:30. By 2:05 it jumped from $2.95 to $3.23 in one minute. From 2:10 an ask wall formed at $3.30, peaking at 36K shares, and a second one formed at $3.50.
Stop It's 2:27. FTFT is at $3.17. It was $2.57 at 1:30 and traded as high as $3.27 at 2:06. A large ask wall has been sitting at $3.30 since 2:10. Would you buy here?
Press play: the real Level 2, tape and chart run from 2:24 p.m. and stop at 2:27 p.m. ET for your call.
It touched $3.29, the high of the day, but never traded through $3.30. By the end of that minute it was $3.02.
The fade
It dropped to $2.63 by 2:44. The $3.30 wall was pulled at 3:30:45. A push to $3.20 at 3:45 stayed under the high, and it closed at $2.89 at 4:00. The regular session had 4.65M shares, against a 6.0M-share float.
What to take from it: FTFT ran to $3.29 under a $3.30 ask wall. After the wall was pulled, the later push stopped at $3.20.
Replay FTFT's day
It starts at 1:48 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 1:51 p.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Intraday run. It opened up 1.1% at $1.88, then ran from the open to the high of $3.29 in 297 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | Pre-market high, $2.01 | |
| 9:30 a.m. | The open: $1.88, up 1.1% from the previous close | |
| 11:13 a.m. | First trade 20% above the previous close of $1.86 | |
| 2:27 p.m. | High of the day to the close, $3.29 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.89, 12.2% below the high |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $1.86
- Open, 9:30 a.m.
- $1.88
- Gap at the open
- +1.1%
- Pre-market high
- $2.01 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $3.29 at 2:27 p.m.
- Low, 4 a.m. to 4 p.m.
- $1.79
- Close, 4 p.m.
- $2.89
- Change at 4 p.m.
- +55.4%
- After-hours high, 4 p.m. to 8 p.m.
- $3.09 at 4:16 p.m.
- Volume, 4 a.m. to 4 p.m.
- 4.65 million
- Volume after hours, 4 p.m. to 8 p.m.
- 378,921
- Relative volume by 8 p.m.
- 181.5×
- Float
- 6.03 million shares, from filings as of October 28, 2026
- Shares outstanding
- 8.67 million
- Volume, from the one-minute bars: 976 shares before the 9:30 a.m. open (0%), 312 in the first 30 minutes (0%), and 5.03 million in the rest of the day to 8 p.m. (100%).
- Other days FTFT met the small-cap rule in our recaps: 6, the latest on September 23, 2026.
On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (none)
The exchange's halt feed shows no halts for FTFT that day.
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay FTFT on October 28, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.