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.
tagged: Fuel-Tech-Inc.-(FTEK) and Technical Analysis
