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...
Intelsat repeating cup&handle pattern from two months ago. Earnings improvement suggests shift to greener trend from longer term amber trend. Important upcoming dates marked for quick reference. I am setting stop-loss at 26.20 and adjusting up to and including 28 depending on how it does before cycling back down.
