Category: Industrial Goods

Last week I wrote about the FWLT chart that looked like it had room to move higher.  I even sold some cautiously bullish puts on it based on the lower trend lines.  I was wrong.  I …

I charted Foster Wheeler AG (NASDAQ: FWLT) at 10:53 am on September 17, 2009 when it was trading at $34.75.  FWLT broke above previous resistance at the open today and climbed from there.  Although it is off its highs of …

I charted Boeing (NYSE: BA) a few minutes after 3 pm on Friday, August 28, 2009 when it was trading at $50.75.  I sold naked puts on BA yesterday at the October $50 strike, mainly …

I charted Foster Wheeler AG (FWLT) on Friday, May 29, 2009 before 2:00 pm when it was trading at $26.54.  FWLT is considered a midcap growth company and is in the Industrial Goods sector.

FWLT has been running in a very stable …

I charted Foster Wheeler AG (NASDAQ: FWLT) on April 23, 2009 at 1:02 pm when it was trading at $21.27.

FWLT is trading within the lower half of its two month trading channel.
FWLT fell below its trend line of higher lows intraday two days …

Foster Wheeler (FWLT) provides construction and engineering services.  I drew this FWLT Chart at 12:09 pm on April 9, 2009 while FWLT was trading at $20.42

FWLT gapped up this morning
FWLT broke above the triangle that had formed from its lower …

I charted JOYG’s daily price action at noon on March 26, 2009.  The chart goes back about five months.

JOYG is at the top of its horizontal trading channel which could be tough resistance
JOYG is in the middle of upward trading channel, …