BBTrader29

FCEL Snapback w/Bounce

Long
NASDAQ:FCEL   FuelCell Energy, Inc.
FCEL is overextended on the lower bollinger bands and oversold on stochastics, it has had 8 consecutive red days with a slight bounce showing today with a green candle. Price has reached its 200 moving average on the daily and the weekly charts which is a good sign for relief bounce back to the 11.50 range.
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