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Tetra Technologies Inc TTI

TETRA Technologies, Inc. is an energy services and solutions company. The Company is focused on bromine-based completion fluids, calcium chloride, water management solutions, frac flowback, and production well testing services. The Company's segments include Completion Fluids & Products Division and Water & Flowback Services Division. The Completion Fluids & Products Division manufactures and markets clear brine fluids (CBFs), additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States and in certain countries in Latin America, Europe, Asia, the Middle East, and Africa. The Water & Flowback Services Division provides a range of water management services that support hydraulic fracturing in unconventional well completions for domestic onshore oil and gas operators. These services include fresh and produced water analysis, treatment and recycling, blending and distribution and others.


NYSE:TTI - Post by User

Post by strungalongon Feb 05, 2013 10:08pm
265 Views
Post# 20943940

technicals

technicals

Greetings folks. Its been a few years since visiting SH but I must say that the improvements seem great. I stumbled upon TTI today and thought I would share my feelings. From a tech POV I rate this as a buy. The first 5 wave from the bottom on a 6 mo chart has completed but the corrective ABC move down seems to have stalled and a new 5 wave up may be starting with us in wave 3 right now. Also close to upward trend support right now. May pull back .10 from todays close of 8.74 but short term potential to 10.50 next upward trend resistance. Any input from anyone would be appreciated on this as maybe I'me missing something. the stalled ABC correction might be the start of a zigzag pattern while consolidating for the run up. Thoughts anyone?

 

 

 

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