FUELCELL ENERGY at major trend reversal Long

FuelCell Energy, Inc.NASDAQ

Description

⋅ Mar 28, 2022 4:50 PM

Stock seems to form a frustrating bottoming pattern over recent weeks/months. If so, we could see a target at around 60$ when it comes to CUP&HANDLE pattern.

Comment

⋅ Apr 4, 2022 5:52 PM

Would not rule out, one could see even inverse H&S pattern?

Comment

⋅ May 15, 2022 7:14 AM

Last friday saw a monster intraday rally of nearly 12%. Too, one has not seen a lower low. Major trend reversal still intact.

Cup And Handle

Comments

HHSPN

⋅ Apr 23, 2022 11:10 PM

Inverse H&S pattern, which means more downside to it? What target you can predict?

trading4fun2

⋅ Apr 24, 2022 9:10 AM

@HHSPN, Inverse H&S pattern is a bullish one. The target coulld be as of the CUP&HANDLE one.

HHSPN

⋅ Apr 24, 2022 8:50 PM

@trading4fun2, Thank you. So it's the % of the depth of the cup which you have already plotted :-).