Falcon Energy

Falcon Energy oversold with positive divergence. Looking for a short-term bounce towards .60

Here\'s the chart:

read a bloomberg report today saying BP oil spill likely to trigger stricter rules and that will require oilfield equipment upgrade and even faster replacement of existing oil rigs. 57% of current fleet of oil rigs over 20yrs old.

Typically a positive result, it only goes to show that many would want to use this type of resources. On behalf of Biogas2.com , we salute this idea.