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September 25, 2009

FWLT Chart – Nearing Support

Filed under: Industrial Goods - 25 Sep 2009

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 …

September 17, 2009

FWLT Chart – Breakout

Filed under: Industrial Goods - 17 Sep 2009

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 …

May 29, 2009

Foster Wheeler (FWLT) Chart – May 29, 2009

Filed under: Industrial Goods - 29 May 2009

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 …

April 23, 2009

Foster Wheeler (FWLT) – 3 Month Chart

Filed under: Industrial Goods - 23 Apr 2009

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 …

April 9, 2009

Foster Wheeler (FWLT) Chart – 4/9/09

Filed under: Industrial Goods - 09 Apr 2009

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 …