Chart Request: Fuel Tech Inc. (FTEK)

Here's a chart of Fuel Tech Inc. (FTEK) for Jeff.


FTEK has had a huge run over the last few years. It's up about 650% since 2005 so anybody who's been in it for more than a minute is doing quite well. It broke out to new all-time highs last month on news of a deal that could get them into the Chinese market. That was a solid breakout on huge volume (for FTEK). If I were getting in to play that breakout I'd get concerned if the stock closed under 30.

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Quoted

"The desire to maximise the number of winning trades (or minimise the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance." ~ William Eckhardt
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This page contains a single entry by Michael published on July 5, 2007 9:26 AM.

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