LGNDRY-Capital

CLNE Pump to $5.66 in a few Days

Long
NASDAQ:CLNE   Clean Energy Fuels Corp.
πŸ‚ Trade Idea: Long - CLNE

πŸ”₯ Account Risk: 1.00%

πŸ“ˆ Recommended Product: Knockout / Option

πŸ” Entry: +/- 4.90

🐿 DCA: No

😫 Stop-Loss: 4.21

🎯 Take-Profit #1: 5.66 (50%)

🎯 Trail Rest: Yes

🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨

If you like what you see don’t forget to leave a comment πŸ’¬ or smash that like ❀️ button!

β€”

Clean Energy has a strong weekly support over multiple years in the 4.00 region that was holding strong the last couple of months. After consolidating bullish inside the bigger box on the top right corner we saw a break-out yesterday. Considering the strong weekly support and the successful break-out with one large candle we can try to catch this trade right away. We do not want to see it falling below the it’s local higher low at around 4.22 which leads to our stop loss just below that. This trade should play out in a couple of days.

β€”

Disclaimer & Disclosures pursuant to Β§34b WpHG
The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only.

Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.