$GTLS PEG (Power Earnings Gap) Candidate

GTLS is in the energy space as an equipment manufacturer. One that may not come on your radar. The average price target on this is $197.68. USB just gave it a new “BUY” rating and a price target of $170. At the current price that implies a 16% move. At the average price target the implied move would be over 34%.

Now the technical that I trade. This had over an 11% Gap move on earnings. It has been digesting that for fifteen trading days now. I have an alert set just over today’s high of 150.50. Should that trigger, I will look to go long with a stop on a decisive close under the 10 DMA (Bluish) which would be a nice risk reward trade. All TBD.

The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.

Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.


Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple market applications in Energy and Industrial Gas. Our unique product portfolio is used throughout the liquid gas supply chain in the production, storage, distribution and end-use of atmospheric, hydrocarbon, and industrial gases. Chart has domestic operations located across the United States and an international presence in Asia, Australia, Europe and Latin America.

Trade active:

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GTLS Giving some follow thru this morning. I will be raising my stop to breakeven.

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GTLS Officially broke out of this flat base today. I have added to bring up to a full size position. Stop on this add is low of day.

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GTLS up 1.7% on the as of this chart. Performing much better than I had hoped.