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dzygadlo
Mar 9, 2021 8:39 PM

BE - Watching the handle complete Long

Bloom Energy CorporationNYSE

Description

Looks like we're a day or so away from breaking out of the downward channel formed as part of the cup's handle. There's some resistance around 30, and then we're on our way to breaking out past the cup's top at around $35.

Upside of a cup and handle completing is ~$35 from the point where it breaks the downward channel (so ~$28 + $35). Of course this will happen with some retracing along the way.

Good luck!

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