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BDRTrigger33
Jul 10, 2020 3:47 PM

$FCEL STILL a strong entry Point: Quiet Play of Week  Long

FuelCell Energy, Inc.NASDAQ

Description

Though I entered FCEL Positions on Monday, I stayed quiet for a little bit about it. The consolidation led to the thought a BULL RUN was coming, and the past two-weeks really have been just that. The entire natural energy sector has had a great overall past month, rallying on days the S&P is down - and even on days the NASDAQ itself does. FCEL is a crazy corrective wave to chart the potential of, really, and it is not too late to enter - though a wait on a slight retest isn't a horrible consideration necessarily.

The 3.75-4.00 range should ultimately be realized pretty easily here (probably before the end of 4th Q if not even FAR SOONER)... but beyond that (in terms of a possible annual high as mentioned w/ other Natural energy pet SPWR), it's tough to call the ultimate upside.

I probably should have called this when I entered @ 2.8 per share, but I wanted to wait a bit for some stronger confirmation. And well, it's not too late to enter, though this cat has been out of the bag all week if anyone's paid attention.
Comments
Stkmk
I stupidly bought alottt of shares at 3.32 today . Think we’ll get anywhere close again soon?
BDRTrigger33
@Stkmk, Oh man, I get the impulse. I do think it realizes 3.75. You'll be OK I THINK!
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