FTEK has broken 3 key levels of resistance will be looking for a future breakout or breakdown there is a conference fuel tech are presenting at on the 28 March I believe people have already bought this stock in anticipation to the conference as the announcement was made on the 16 March which is when this stock started gapping up. However the volume is not huge...
RSI could be breaking out from the resistance line, fundamentals are also strong.
- Low PE run-rate 8.5
- Nice low float 13.7 million
- No long term debt. 10 Million in cash.
- No short interest
- Flying under the radar with no analyst coverage
- Former momentum stock - price memory could come back into play for old traders
- 28% inside...