Jul. 24 at 4:07 AM
$FF new future fuel news article on their website. Touches on their ongoing/completed upgrades, such as their customer funded dedicated asu nitrogen plant that they'd mentioned in their march 10k(ixbrl version), shooting for a late 2027 or early 2028 completion for that project. And their custom manufacturing outlines have changed some. Gmp pharma, energy, and polymer modifier markets are head of the list now. With the new products they're guiding as being launched within the year, could this lend itself to higher margin markets? The price isnt building a higher base for nothing. Or maybe it is. First we'll see if 4.62 holds tomorrow. Lately the chart is making some pretty odd moves. Technically the sequence from the 5.24 high to current levels is a valid 5 wave corrective impulse unless it breaks 4.61, which would also break the lower trend line of the ascending channel from june 30. Primary nested 1-2 in a macro nested 1-2, can we make one more before it cracks off? Time will tell.
