RE: Watchlist - Traders method
I highlighted FTEK on the 12th November http://stageanalysis.net/forum/showthrea...90#pid2190 in the watchlist, following a strong initial Stage 2 continuation move on heavy volume relative to it's average weekly volume. Since then it's powered 57% higher for a further four weeks on continuing heavy volume and strong relative performance versus the market. So this is a candidate imo currently for a potential additional buy on the first "significant" pullback back towards the 10 week moving average and support, if the pullback has contracting volume.
So it's one to monitor over the coming months to access whether it continues to have the ingredients for a longer term A+ Stage 2 advance.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.