Sunday, May 18, 2008
FWLT (Cap. Goods, Construction Services); it either ran as far as it can (nearly touching $80) and will see some consolidation, or we can get a push to $85 with support at $80.CRZO (Energy, Oil & Gas Operations); got a huge rush of momentum last week. It's currently basing around $74.75.FTI (Energy, Oil Well Services & Equipment); Looking for a base break above $79.25.CWEI (Energy, Oil & Gas Operations); This looks like a stock that has gone too far too fast. Huge momentum has given this stock a 44% gain in the past two months. Though it looks over-extended it is basing around $78.