Bounce off 0.618 Fib, possible reverse in progress? Long

FuelCell Energy, Inc.NASDAQ

Description

⋅ Jan 8, 2024 11:52 PM

1 month chart, stock had been in an overall downtrend. The previous bounce from 0.37 netted +20k%. Is this a Bull Flag and is it Reversal time?

Trend Analysis

Comments

Bravetotrade

⋅ Jan 9, 2024 4:11 AM

Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade

PeaksOrCliffsOfGlory

⋅ Jan 8, 2024 11:55 PM

I meant 0.11 cents previous bottom. Can't seem to edit it

PeaksOrCliffsOfGlory

⋅ Jan 9, 2024 2:07 AM

@PeaksOrCliffsOfGlory 0.13 was previous bottom