John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: richardred who wrote (14059)	4/27/2013 1:09:36 AM
From: Hawkmoon	Read Replies (3) of 33421

Richard, I won't even pretend to be some kind of guru on turbine implementors and engineers. But I think the long term trend is clear in the NG industry. We have the cheapest NG of any developed economy, so it stands to reason there will be increasing utilization of that resource. That said, GLPW seems to be hesitating on its daily chart. But the weekly chart indicates its at its lower Bollinger Band, and if it can hold that level and break out to the upside, there are some serious gap downs that need to be filled. But it absolutely has to hold $14, and preferably $15.. The chart is pretty sick looking... But does suggest a rally is due. Volume is anemic though. bigcharts.marketwatch.com Best I have to offer at this time. Btw, their customers give them high marks. braden.com Hawk

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