BDRTrigger33

Fuel Cell attempting to reach "Fifth Trough" - Stay calm

Long
NASDAQ:FCEL   FuelCell Energy, Inc.
FCEL has been volatile and is still on an ascending ziggurat format with its harmonics. Last C-Wave $FCEL retraced the same region it is now tumbling to.

BUT, BUT, BUT...stay with the trend here and avoid the panicking sell off that other investors are probably engaged in. While there can be no reassurance that FCEL bounces back, it has done so four times this trading year, and it's hopefully about to make a 5th C-Wave correction (Which must be higher than the previous four, or these are NOT by definition even corrective waves).

HOW LOW CAN SHE GO?

Hopefully not much further while promising the confirmation of a bounce back with an overt buy signal to draw investors back into this enigmatic stock.


It used to a giant, but the feasibility of implementing hydrogen gas dispersal systems has proven too daunting, and investors realized it (bailing). It's still a tech w/ super promising potential. Mankind is not there yet, still bound to oil. That digression aside, we are hoping for an exit between 3.2 and 3.4 -- which sounds comical since it is trading a full dollar below it.

Así lo es!

Happy trading and always get enough vitamins!

Outtttt, BDR

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.