I have started to follow the chart of FWLT. Wow is almost the right word to use. Vector Vest is giving it a $156 "fair value".
Is there a cup and handle forming here?
http://stockcharts.com/h-sc/ui?c=fwlt,uu[h,a]dhclyymy[pb10!b30!b50!d20,2][vc60][iub14!la12,26,9!lp14,3,3!lf!lc20]
Would love to hear any and all comments. I am thinking that if it breaks and closes above $111, it goes straight to $120's range.
Is there a cup and handle forming here?
http://stockcharts.com/h-sc/ui?c=fwlt,uu[h,a]dhclyymy[pb10!b30!b50!d20,2][vc60][iub14!la12,26,9!lp14,3,3!lf!lc20]
Would love to hear any and all comments. I am thinking that if it breaks and closes above $111, it goes straight to $120's range.
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