No Pullback from $FCEL: 24.5 Target Remains The Fixture
Fuelcell is rising high in Wed.'s early trading, with the 24.5 immediate take-profit point still looking at least somewhat CONSERVATIVE: $FCEL may be readjusted with some later secondary sell-points in the near future. Keep an eye today. Any pullback near 20/s indicates a pretty good point to take a bigger entry, but it may not retrace those regions to be clear.
--BDR
--BDR
Comment:
I may set a second target in the 28-30 range as soon as this afternoon. I'll definitely be adding to these thoughts, at any rate.
Comment:
I am near upgrading 24.5 to a confirmation signal to load up for the run to 30. We're almost there folks. This has so much potential to run and i'm trying not to get ahead of things.
Comment:
We could see a pull back under 23 by the afternoon potentially, but there is a solid gain made today that isn't just some gap.
Comment:
Strong support at the top of the resistance channel is overall, very bullish.
Trade active:
24.5 target was momentarily reached, with a spike .2-.25 beyond it. Then, oddly this target point became something of a resistance for FCEL. It remains to be seen how much it challenges the resistance line of the channel its on.
Comment:
Current Positions have us @ 100 shares w/ one long-call Feb 19 expiry @ 23 strike point. Whatever you got cooking w/ FCEL, it's cooking. Let's trust this long.
