Theme · Space Bucket A · Tier A Conviction · LOW

Filtronic plc (LSE)

NASDAQ:FTC

Structural picks-and-shovel position in the AI Semis supply chain. Tier A conviction with research from Space.

★ Open deep dive View in TradingView ↗ ← Back to AI Semis

Two-Layer Verdict

Structural

BUY · structural picks-and-shovel position in the AI / Physical AI supply chain.

Tactical

HOLD — no live signal change today.

→ Hold core position. Re-add at 34/50 EMA on any meaningful pullback.

Live price

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24 May

Theme

Space

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Conviction

LOW

Tier A

RSI 14

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% return

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Not held

2×ATR stop

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Tactical stop

★ Deep dive · Space · Tier A

The full 10-section Photoncap on Filtronic plc (LSE).

What it physically does · the financial print · customer mix · competitive context · terminal risk · bull case · gap/bear case · optionality · the trade. ~2,137 words. Source: Space.

2,137 words Tier A Space

★ Read full deep dive ⌥ Download institutional PDF

— Live chart · TradingView · Candlestick · 50/200 EMA + Volume —

● Live · NASDAQ:FTC

03 · 04—Top-level analysis

What FTC physically does — preview.

One-paragraph version of the Photoncap deep dive. Read the full essay for the complete treatment.

From Space

The thesis — preview.

**UK-listed pure-play SpaceX supplier in RF/microwave electronics — small-cap, cleaner LSE entry vehicle, just pulled back 13.6% on profit-taking.** *Investment Research · Photoncap-style deep dive · Bucket B · 2026-05-22*…

Read the full essay →

★ Tier

Tier A. Highest conviction — buyable now subject to risk hygiene.

Source attribution

Space · 2,137 words. Institutional PDF available.