An un-sexy cleaner coal technology company and an in-flight WiFi company with a really unfortunate name. Very different companies, same result. Fuel Tech now joins GOGO in having broken out of a bullish falling wedge. Both of these positions, incidentally, were increased on pullbacks since they were first highlighted last week.
FTEK launches today…
GOGO is a simple chart speculation and continues to just meander along outside the wedge, but still looks constructive to me.
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