$FCEL Target 22.21 for 32.20% $FCEL Target 22.21 for 32.20%
Or next add level is at 11.39
Options expire tomorrow so why wouldn’t this drop… buy anywhere around here.
—
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 not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Trade ideas
FCEL - refueling or revertingHey investing neighbors,
Let us take a look at FCEL and figure out if now is a good time to bail, invest, speculate, or hedge current positions. Over the last several days FCEL has tested prior support levels all the way down to the 11.30s on the weekly time frame and tested upward resistance at about 15.58. That is one heck of a swing!
For long term investors, speculators, and interested parties the important support level is on the monthly time frame of 14.93 which FCEL punched through and has now retraced under at 14.35. That .60 level should give a good upward trajectory for a test higher and of course back to 15.58 and higher. FCEL should have made it back to the 16.80 level and since it did not it instantly tried to retest lower support/resistance on that monthly timeframe.
The over all sentiment seems to currently favor longs but they should be cautious and keep a tight eye on that monthly level of 14.93 and psychological upward levels of 14.50 and above. A break below 14 could signal trouble. FCEL still has plenty of a possibility higher especially considering that the Biden administration is pushing clean energy which FCEL should benefit.
It is also worth noting that FCEL has a tremendously forward 2021 picking up on 2020 momentum as a whole and despite a disappointing Q1 earnings coupled with a downward trend on the technology sector is making positive movements forward and should benefit from American clean energy initiatives.
It would be prudent to be cautious though that sentiment could turn negative and FCEL has a clear downward window back to 13.12 and then 11.30. For accumulating a position in FCEL could be beneficial on this price levels but there should be either a clear push back above the 14.93 level and a sustainable break through 15.58 or FCEL could easily retest lower support. Long term investing likely would be ideal for sustainable moves upward from current price levels.
For entertainment and education purposes only. Not financial advice. Want to comment? Reach me below or over on our new Reddit group /apesinvest
.
Potential parabolic growth beyond the line of least resistance.Pleas see complete sector analysis below.
Here is an analysis on the hydrogen fuel cells, which is a part of Clean Energy campaign (solar, electric vehicles, hydrogen- this sector is encapsulated in etf- CNRG)... within this, solar and fuel cells are truly clean energy. Electric vehicles still run on electricity produced by coal. so the definition of clean energy is either carbon-neutral or negative. Nuclear should clearly qualify as is carbon neutral, but is not deemed clean. (sorry for this jargon... now to the point)... Fuel cells are considered a major future source of energy, with thousands of patents claimed every year. (search "Fuel-cell patent applications per year")
A new etf was launched in march 2021, to reflect the HYDROGEN energy sector, which essentially is largely fuel cells. See the HYDRO line in the chart.
In this chart you can see PLUG is a major player. the second largest players is FCELL.
PLUG uses very expensive catalysts to generate energy.. so their technology is not really commercialized.. major car companies have spend lots of time with them.
The chart compares FCELL vs SPY, the new HYDRO ETF, clean energy etf CNRG, and its peers in the sector PLUG and BLDP (not competition as they do not serve same markets). FCELL has outperformed all these benchmarks.
Issues with PLUG are not only linked with the technology, they had issues with accounting and reporting. got warnings. Ballard's tech is lagging.
FCEL did not have a favourable earnings quarter, but is positioned the best in this sector to deliver fastest growth. I believe the line of least resistance is $18.69, beyond which the volume profile is very thin. Stop loss at that point could very well be the current price of 15.47, with an expected return of 56%. See the long position plan.
___ not a financial advice____
Is FCEL a buy? March 19, 2021FCEL has had several days of bleeding that seems to have coincided with disappointing Q1 results and a fall on the Nasdaq and a brief rotation out of tech. On a positive note FCEL stopped its fall and is now trying to retrace to prior support at 14.93. The 14.52 price at 12:35 gives both bears and bulls an important psychological inflection point. Bears will want to push the stock back to 13.12. If FCEL either today (Friday) or Monday retraces the monthly resistance level of 14.93 then it will have no real resistance until 16.80 and 18.50. A long term play to that monthly level of 21.70 would be a great long target.
Not financial advice. For entertainment and educational purposes only.
Bearish on FCELI'm new to trading, so I've been reading a lot on Investopedia. I've also seen many bullish ideas on FCEL. But I'm just not seeing it. According to Investopedia, bearish flags tend to have even volume during the downtrend, and that's what I see here. Also, I see an increase in selling pressure in recent days, even when the price has gone up (not a good sign). I think that means this most recent increase is a bearish flag, not a trend reversal. If it was a trend reversal, wouldn't we see increased volume, too?
I think FCEL has MAYBE 2-3 days left of good days; then it's back down.
This is just my opinion and not trading advice.






















