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(IMPORTANT) Something is definitely going on in this company...

skyhighinvestor
Publish date: Tue, 05 Apr 2022, 04:08 PM

(IMPORTANT) Something is definitely going on in this company...

After a long rest for this company, you can see that clearly something is brewing for them as the share price had broken the 8.0 cents neckline resistance with huge volume today.

What exactly is going on?

For investors’ reference, this company – FAST ENERGY had been actively engaging in oil bunkering and solar related business.

And I think this is quite smart for the management to strike a balance in between – in the sense that leveraging on the up-trending oil price as well as complying to carbon requirements via involvement in solar related business.

The company had gone through some losses throughout the last few quarters due to their gestation period converting from electronics related business to oil bunkering and solar related business.

A huge step, indeed.

So with that in mind, I suspect the company may secure some very good projects or partnership, as we are seeing active announcement coming from other listed solar related companies.

What could be brewing for FAST?

I do not know, but a breakthrough of key resistance level with volume is without a doubt, a very good sign.

Maybe investors could invest today, and lookout for more upside in the coming week!

  • Just putting my 2 cents in

 

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