Ferrell Gas

FGP has been taking a beating recently after earnings and is in the middle of a turnaround. Chart has recently formed a cup and handle pattern with the handle bouncing back up to support at $2 in the same day with Ichimoku support as well. With the unwinding of midstream operations drawing to a close to focus on core company business and recent push of high growth areas in distribution, FGP looks set to rebound off of recent lows and show bullish tendencies. Earnings on 12-6-18 will give more information as to status of turnaround.


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