TwinTrader.com announces the publication of Breakout for GTLS; highlighting public companies on the move and what’s behind the surge.
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“Chart Industries Inc. manufactures and supplies engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases. It operates in three segments: Energy & Chemicals (E&C), Distribution and Storage (D&S) and BioMedical…
“The energy service sector has preformed well during the oil and natural gas bull market, and is expected to continue to perform well for several more years …
“The widely-followed and revered Zacks.com recommended the stock in its September 12 stock recommendation report...
”The stock of Chart Industries triggered a technical Buy reading after the MACD fast oscillator crossed its slow oscillator late last week. After briefly reaching the oversold range, the RSI has climbed back to neutral, and has plenty of upside potential. The 50-day moving average trends substantially above the 200-day moving average, suggesting the low $32.50 in the share price may have been an excellent bargain…”
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