When we look at the chart we can see that the price has been respecting the support zone in the past and that it is now looking to bounce off it again. All of the other things that I think about this stock on a technical chart analysis you can find on the chart. The only thing that you do need to know is that this is a little risky so if you do want to go in do...
s.e 13.85 s.l 5.35 t.p 41 bloom energy corporation is an american coorporation that deal with alternative energy. the fibonacci retracement shows correctly yhe support and resistance of be. in according with alligator we can see that there is a bullish trend actually but looking the macd and rsi, we can easily comprend that could be a inversion in the next few...
NYSE:BE : Price pullback to its buy zone that aligns with the 61.8% retracement level. I had missed the triple bottom, and decided to enter early into the market. There is also a well formed consolidation (horizontal channel ) around the 61.8% retracement. My assumption is that this industry is a good sector that would probably be trending higher in the coming...
Head and shoulders bad earnings downtrending channel under 200 ma looks like a short play for me
🟢 $BE Target 32.10 for 31.72% (49% from here) Or double position at 16.64 Is it the energy sector's turn again?? That would be fun... ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are places that are a good idea to add if you...
Been trading this one for a while but exited position some time ago looking for a new entry, I started building a new line in march and averaged into a small draw down since then, but the last few weeks we have made a solid rally out from the broadening wedge to finally break the zone. We are pitted against some strong resistance right now but it doesnt look to...
Price has broken the $27 resistance after a series of accumulation activities and is likely to be an opportunity for swing trade.
Forming inverse head and shoulder inside a broadening wedge. Validation point - $28 Good case - $30 Best case - $35 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance...
I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past...
The Harmonic Shark Pattern (Daily Timeframe) is rather strong and successful by nature. Bloom Energy just finished it followed by a first reversal to their resistanct at $23.03 which but packed up with bullish lower timeframes and decent volumes. Fibonacci Extensions showed that $23.03 is a 0.681, yes, bit strong but given the bullish market sentiment whilst...
$BE Target 34.78 for 28.58% Or next add level is at 19.70 Bottom... or one more add at 19.70? Place your bets. — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am...
All, I think BE here could be a reversal candle and potentially breakout soon. Worth watching has some pretty good swing as well.
I like Bloom's tech, but I was considering $18 the lowest it could go. I held a bunch of shares but got tired of waiting for this to happen. I'm not surprised at all it went to 18 though. Targets are $30 and above.
$BE Target 34.78 for 28.58% Or next add level is at 19.70 I didn't add here, just charting and organizing my portfolio — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I...
$BE has an entry zone of $27.29 - $28.70 I got in yesterday and started to build my position. In case you are wrong, using 20/40/40 method for taking a full position has proven valuable to me. My first entry is for 20% of a whole position then I average in ONLY when the stock is going up or on dips if the up trend is strong and formed. I used volume shelves to...
BE has been in a frustrating slow grind generally downwards for the past 6 weeks while a Bullish Divergence between Price and RSI has been slowly building. It tested a possible strong support at 21.90 yesterday and quickly rebounded to close a rather strong candle. The odds are getting better that the worst could be over. However we might not see real momentum...
Honestly, I don't know exactly what will happen with Bloom in the short term. Worst case scenario, it taps 18, then bounces hard, which will confirm a full retracement of the over-extension. The simple trend line I have should bring us to 30 soon. The 200 Daily EMA has been reclaimed, as of today. It must hold til the end of the week. I predict Bloom will...