"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, December 9, 2010

Fuel Tech (FTEK) Weekly Chart

http://www.biiwii.blogspot.com
http://www.biiwii.com

FTEK continues along off of the fan line break and through the strong layer of resistance now in the process of turning to support.  The next resistance level is noted and would be an initial target off of the bottoming pattern.  Now if only Cramer would come along and pump his herd again...  Boo ya?