Bloom has been on a massive / fast paced run since October, however a clear downtrend is still present, and the success (breaking the downtrend) or failure of this bull flag, will determine if the stock rises or falls. An island top is also present with a clear price gap.
Average analysts price target $11.86 | Overweight
23% short interest
Bloom Energy Corp. engages in the manufacture and installation of on-site distributed power generators. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R....
NYSE:BE restructured their company and began seeing changes in share value before this latest earnings. Right now, $BE is performing it's first major consolidation pattern since "the run" began on Oct 25th. Price has validated the daily and weekly support level of $6.00 and this support level should be the defining characteristic for all trade theory; a break...
So I hopped in and got out of this one perfectly. In at $5.15 and out at $5.55. This one was quick and easy. I wanted to see if it could push past resistance, but it did not. I was out like a crook with the bag lol. Good luck out there today guys.
Analysis per request: This stock has the potential to double by the end of this year, and a further potential to triple by mid next year. Very straight forward technicals, simply watch the interplay around the 20 and 50 MAs (touching & half-crossings). 'Weekly' PSAR is likely to break next week. ADX is at its peak (reversing now) meaning selling has stopped...
BE will report Earnings this week with an upside potential of 5 or higher (up to 6.4 w/ rally). Unless they report some really bad numbers, this is still a strong-buy. Depending on which highs the stock will take out next (H1, H2), we will be able to tell more precisely what the stock will do for the next few weeks ahead. With gold prices about to explode it's a...
Looks like a possible path moving forward. RSI is way oversold and has formed a divergence on multiple time frames. MACD crossover is also looking good and supporting this idea.
Hi friends, this action just from my sheet, on the strategy of Pump and Dump.
Buy on 5.12$
Stop = $4.50
Profit = $10.66
Stop 11%
For profit 100%
The risk of a yield of around R=10
I really like such actions. especially when you realize that their potential is huge.
My experience, against technical indicators, and fundamental.....
THE ANALYSIS:
the screener...
I fortunately bought an amount on Friday.
The analyst expectation price is 20.5.
So, it could break the last resistance line around 17.23.
When it is reflected to break the line, it could be a good chance to buy.
Otherwise, it will be bought at the break.
But I just think that if the line is broken without the reflection, it might return a bit after the break out.
NYSE:BE Trigger: $27.26 after a pullback. Stop loss at 26.56. Stay away if it gaps up.
Please like and comment if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
![BE: BE [NYSE] Bloom Energy Corporation long.](https://s3.tradingview.com/t/trWK2f8z_mid.png "BE [NYSE] Bloom Energy Corporation long.")
