I'd like to start with my opinion first, I'm a bit suspicious of the sudden price surge across the board. Granted Monday and Tuesday are usually bull days; however, to go from a 3% to 5% drop from the strongest of tickers too green with little to no positive catalyst is odd.
Update; The gap noted in previous charts has filled, but as I type this (12:30est) we've dropped below the price SMA. One factor working with us is that we do have directional strength back on our side. WITH A BARCODE PATTERN both statements apply for the 15 minute time period. for the long run (1h and Day time frames) directional strength is a long way to go, price strength is attainable but we constantly cross both sides.
I'm aware of the FEDS talking toward the end of the week so this could either go from good to scary or the opposite so I'd wait.
Thanks for the update. Holding with a $14.50 cost basis average. Stopped adding around 7.50. I want to believe in Fcel but I am tired of it wrecking my account. Want to see some real news regarding increasing profits and a sustained upward trend in share price before adding again. If not, will wait to add more around $3. Fingers crossed for upward movement. I would prefer it over a drop to $3.
CosmicLoFy
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@Tigerflying no problem, I’m in a similar situation I just stopped checking honestly but I’ll remember to come back upon future catalysts.