Monday, January 29, 2007

technical indicators on 2 renewable energy stocks

Two green stocks to take a look at strictly from a technical charting perspective

Bullish 50/200-day MA Crossovers (NASDAQ)
29 Jan 2007

Pacific Fuel Cell Corp (OTCBB:PFCE ) and NewGen Technologies, Inc. (OTCBB:NWGN)

Pacific Fuel Cell Corp. is a nanotechnology company committed to producing fuel cell components with reduced cost and higher performance in the portable and micro fuel cell market, utilizing nanotechnology.

NewGen's mission is to be a leading global vertically integrated manufacturer and distributor of premium biofuels and hydrocarbon blends that are intended to dramatically reduce the environmental and economic impact of world petroleum use. NewGen believes that it has developed the cleanest burning and highest performing fuels in the world by utilizing its own technology that allows for more complete combustion.

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