I find FCEL to be reasonably priced in the 1.3-1.35 P/R range. Not worried about negative earnings right now as long as revenue stream can continue to grow.
Strong support and bouncing off oversold levels. looks good for another short term swing and long term hold.
Looking for breakout this week. No down trendline resistance. Like for continuation play this week. to 1.35, 1.40, 1.50, 1.63 targets. Nice strong volume Friday. Stochs and MACD turning up strong.
Selling pressure has decreased substantially. Floating shares have been absorbed it seems.
Filled gap up. Above intraday down trendline. Keep eye over 1.51