FuelCell Energy
Short Term
We look to Buy at 4.29 (stop at 3.84)
Previous resistance at 4.40 now becomes support. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Buying pressure dominated price action yesterday and we expect this to continue today.
Our profit targets will...
FuelCell Energy
Short Term
We look to Buy at 3.35 (stop at 3.04)
Previous support located at 3.35. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Buying pressure dominated price action yesterday and we expect this to continue today.
Our profit targets will be 4.24 and...
FuelCell Energy Inc (NASDAQ:FCEL) Good solid stock moving higher on expansion volume. 7.86 is the pivot here. If it breaks, we could see 8.50 quickly. Use the rising EMA20 as stop-loss. Technical indicators are also supporting the bulls. The MACD crossed above the signal line on positive territory, RSI is moving up and above its 50% level. Long setup on watch.
FuelCell has been making some major moves!
This could be the one!
"Beginning in 2012, FuelCell entered into a partnership with ExxonMobil, removing carbon dioxide from the exhaust of Exxon’s power plants and locking it in the ground through a process called carbon capture and sequestration (CCS). In 2019, the two companies expanded their joint-development...
Thank you for your likes and shares. I really appreciate!
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After a long run down the FCEL in short time frame is probably preparing to recover.
See the latest candlestick showing a very strong squeeze of sellers. This won't prevent the market to go down further. But, in probability, when this even occur...
Extending the current support of a very moonish channel, we are setting a new goal on FCEL @ 33.5 per share.
It has met a lot of resistance climbing 24. This 33.5 target we want to be realized by about FEB 17 to FEB 19.
Albeit, with VIX having been so high, this is a ranging guess. It is the best we have for this moment, even so-- the adherence to the outlined...
