This stock gapped up pre market, and had a decent run today, but ended up pulling back down to support towards the end of the day. We will be watching levels, 0.4350 / 0.4950, for possible bullish trades tomorrow. If we get no buyers and only sellers tomorrow with low volume, I would expect us to pull back below 0.37.
intersting trade about to happe in fcel loaded at 0.27 sl under
Stochastic also acting very bullishly by stubbornly staying in the top range. I did not rule out a possible brief move to 0.30 for gap fill. *risky play penny stock not for beginners
I can see two scenarios playing out with FCEL: 1) The stock is sitting on the 200EMA and tested it July 3,5, and 8th (Today). Seems to want to stay above it. So, either it will lay flat in this area (.72-.68) or it will drop (possibly gap) back down to the .54 area. The 3 day trend would imply that could happen, unless from the 3rd forward is a Pennant. In which...
Pattern neutral until decisive breakout, but looking at MACD on 15M, my guess is breakout upward. GL!
I'm continuing to watch this stock closely. I am a low-level trader and don't have tons of money in this stock, but nobody wants a loss of even a dollar if they don't have to. If the .67 mark is confirmed in the following days then I suspect the .80/.81 upper resistance will be broken. Or, it could go the other way. Still too early to tell. News has been nothing...
This would appear to me that there will be a pullback to about the .54 area. Maybe .57-.60. Depending on if it gaps on open again. In which case .77 could be the new lower support if it drops during consolidation. If you notice the downtrend side: June 5, 7, and 14 the stock dropped below .77 (5th), .54 (7th), and .39 (14th). Now compare to the uptrend side...
Makes me wonder how hard the correction really will be? Back to .24 area?
Strength in the chart: 1. High volume downtrend 2. Pullback in hourly chart with accumulation Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
The volume seems to coincide with a reversal, but I'm inexperienced so I may be wrong. One of the previous low-resistance lines has been passed 39-40 cent area. If it does a double bottom off that mark through the week, I suspect it will continue to climb. There hasn't been any negative press. Additionally, several articles have come out about renewables and...
Does this look like full-reversal to anyone more experienced? The 5-day trend is up, and it seems to have broken (or is close to breaking) the 24 cent mark set about 3 weeks/1 month ago. I am a complete amateur so insight would be helpful! Thanks!
Volume Signal as a sign of marcet capitulation is indicatin a longterm end point of a multiyear baisse at Fuel Cells. Wave 5 of Wave V shoud be finalized - so the market is ready to reverse all the losses of the past years in the longterm view.
The fall in the exchange rate, in my opinion, lasts longer. The next decreasing wave structure can be constructed with a target price of 0.83usd.
FCEL = 20 years later ... it happened cyclically that in 1999 May 03 there was a very important return ... let's say that if we consider the cyclicality I believe that investing in FCEL with 10,000 pieces at the price of 0.24 may be a bet that I believe is worth more than we can imagine .... Let's see if this vision of mine ends up with a gain very close to 90%...
On the 30th April Fuelcell Energy announced a new project which sent the stock 20% higher, we are looking for continuation in the name which has really been beaten down. Cash concerns have inflicted a lot of skepticism on the company but several Institutional investors have recently added to their positions in the stock. Blackrock added 10.5% to their position in...
FCEL - giving it a shot here.
FCEL further price decrease. The exchange rate may be a triple downward wave structure. This means that it has just arrived at the last decreasing wave structure (45). The figure shows that the decreasing wave axis (green line) is parallel to the decreasing peak axis (light yellow). Therefore, for technical reasons, there is no reason for us to rise. The resulting...