FEI Company (NASDAQ: FEIC)

FEI Company supplies scientific instruments for nanoscale applications and solutions for industry and science. Its products include transmission electron microscopes and scanning electron microscopes (SEMs); DualBeam systems, which include a SEM and focused ion beam system (FIB) on a single platform; stand-alone FIBs; and optical microscopes. The company offers products used in laboratories to enhance new product development and increase yields by enabling 3D wafer metrology, defect analysis, root cause failure analysis, and circuit edit for modifying device functionality in the semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies. It also provides solutions for materials science market that enable scientific discovery and advancement for researchers and help manufacturers develop, analyze, and produce advanced products; and its products are used in mining for automated mineralogy, as well as in root cause failure analysis and quality control applications across a range of industries.
To review FEI's stock, please take a look at the 1-year chart of FEIC (FEI Company) below with my added notations:
FEIF had stalled around $50 for about (5) months towards the end of last year. In January, the stock broke higher and rallied to where it currently sits. For the last (3) months the stock has been hitting resistance at $65 (red). A break through that resistance would be a new 52-week high for the stock and should mean higher prices moving forward.
The Tale of the Tape: FEIC has a 52-week high resistance at $65. A long trade could be entered on a break through that level with a stop placed under it.

Please share this article