BLAST OFF!!!! $FTEK IS ABOUT TO SHORT SQUEEZE!!!!Air pollution Systems will be in high demand in order to reduce carbon footprint, the industry world is gonna need to adapt and help global warming, Fuel Tech can do that! With days to cover is 1.70 DTC and short borrow fee rate is 2.14% and climbing. The short shares available to short is under 30k shares and no more than 350k in less than 22 hours ago! Fluctuating moments but the buying pressure is getting hot and more retail traders are coming in. Carbon Footprint is a problem and Fuel Tech has Systems that can help companies reduce global warming. There is also HUGE incentive TAX CREDITS from the FTB when investing in the Fuel Tech Air pollution Systems. They have multiple governments contracts underway, assets are 6 times more valuable over liabilities and THEY HAVE NO DEBT! Tetra Tech (TTEK) Board Okays $400M Share Buyback Program; A share buyback is another way to use cash. Buying shares reduces the number in the market. Less shares means each share is worth a larger piece of the company.
FTEK trade ideas
Fuel tech continues its descent into hell.Fuel Tech Inc. is a leading air pollution control company.Fuel Tech Inc. is an internationally based company from Russell 2000.Find out about the company's financial and economic position and its actions. Fuel Tech Inc. is one of the leading technology companies committed to the development of various technological innovations.Contents hide 1 Fuel Tech Core Business2 Why Fuel Tech is a green company3 Air Pollution Control to limit climate changes4 Company’s History5 CEO Vince Arnone biographyThe company is committed to developing, commercialising and applying technologies to regulate air pollution, optimize treatment for durability. Fuel Tech Inc. also offers engineering services along with combustion efficiency services.
This company should benefit from the green economy boom but the stock continues to decline. And I wouldn't like to buy deep.
In this article there are more information about the company. financestrategysystem.com
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Fuel Tech, Inc. Upside Targets Fuel Tech, Inc. engages in the development, commercialization and application of proprietary technologies for air pollution control, process optimization, water treatment and advanced engineering services. It operates through the following segments: Air Pollution Control and Fuel Chem Technologies. The Air Pollution Control Technology segment includes technologies to reduce nitrogen oxides emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. The Fuel Chem Technology segment uses chemical processes in combination with computational fluid dynamics, and chemical kinetics modeling boiler modeling, for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces, and boilers. The company was founded by Burr T. Walter in 1987 and is headquartered in Warrenville, IL.
FTEK Consolidating for another run?FTEK stands to benefit from green policies and recent positive earnings.
entry above triangle.
stop below triangle.
Possible targets at previous daily resistance levels in red dotted lines.
Target 1 = 7.37
target 2 = 8.11
target 3 = 9.64
This is my first published idea and would appreciate feedback!
$FTEK Target PTs 6.80-9.50 and higher PT 25 and higher way laterFuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through Air Pollution Control Technology and FUEL CHEM Technology segments. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources, which includes low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; advanced selective catalytic reduction systems comprising ULNB, OFA, and SNCR components, as well as downsized SCR catalyst, Ammonia Injection Grid, and Graduated Straightening Grid systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; and flue gas conditioning systems. The FUEL CHEM Technology segment provides programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using TIFI targeted in-furnace injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, university, and district heating markets, as well as to the owners of boilers, furnaces, and other combustion units. The company was founded in 1987 and is headquartered in Warrenville, Illinois.
$FTEK Fuel tech on verge of Moving average breakFuel Tech, Inc. engages in the development, commercialization and application of proprietary technologies for air pollution control, process optimization, water treatment and advanced engineering services. It operates through the following segments: Air Pollution Control and Fuel Chem Technologies. The Air Pollution Control Technology segment includes technologies to reduce nitrogen oxides emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. The Fuel Chem Technology segment uses chemical processes in combination with computational fluid dynamics, and chemical kinetics modeling boiler modeling, for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces, and boilers. The company was founded by Burr T. Walter in 1987 and is headquartered in Warrenville, IL.
FTEK 30 min Chart Study$FTEK Right now in a current sideways, I think it is consolidating the price from that uptrend. Just because the stock have the same pattern in the last month , I think it can breakup and move higher.
***Remember***
This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell at your own risk.
FTEK - WATCHINGFTEK 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 I will be waiting and waiting for volume and price action
FTEK - Strong Fundamentals - Ready to RunRSI 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 ownership
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Disclaimer
I am not a financial adviser and this is not financial advice.