FCEL The energy sector looks like an opportunity right now. Zoom out on the monthly time frame and you can see
FCEL forms a double bottom with a gap of 6 years. As per Gann theory, don't fade this kind of chart. Green cloud starts forming for the first time since 2021 on the weekly time frame. Surely an indication that a change of trend is happening right in front of our eyes. For further confirmation, keep an eye on the chikou (lagging span). Nevertheless, breakout is imminent. Tick-tock!
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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.