tension is in the mounting yard ... , page-3

FiendishRedbeard

You mentioned the chart looks nice.

Can you help with your current analysis of the chart?
The share has been pretty strong lately so I would like to get a sense of what the technical analysis is telling you.

On one hand the performance has been really outstanding in 2010 and specifically over the past few months.

But on the other hand it is pretty much in line with Dart energy since it's IPO in August.

And EGL shares are "only" back to April 2006 levels now when the company had a smaller footprint in Europe and no gas heavyweight like Peter Cockcroft to run the show.

So all in all I am still pretty positive but interested to heard what the chart says.


Bartom