Fuelcell - Q1/Q2 predictionpossible mid-term prediction for Fuelcell ...could lead up till the old resistance in the 50s
Trade ideas
$FCEL Breakout Right on Time... FCEL is one we called as a breakout coming into the week. The stock played its part, so traders may want to pocket at least a piece of this one following a quick 20% move in two days.
FCEL SnapbackFCEL is on its 5 consecutive green day becoming extremely overbought on stochastics and overextended on bollinger bands. The weekly chart also shows a huge overextension, i don't think there is much more juice in the tank for this to continue higher before a pullback takes place. I'm looking for this to swing back down to the 24 range.
$FCEL broke above Short Term Target 2.$FCEL looking very solid, setting up for long term now. Volume still in breakout formation.
Long Term: 50
Long Term 2: 70
$FCEL finding previous resistance. Could stay or rocket!$FCEL topping out at a big resistance line. If it consolidates and creates support here, it could quickly shoot for previous highs (62-162% gain). It is creating a bearish rising wedge right now in the 1hr chart though..
$FCEL Sets Up for Fresh BreakoutFCEL continues to run with the "Trend is Your Friend" mantra in play, with a steep trendline continuing to hold and a fresh breakout in play above $25.
FCEL "Handle" still shaking out: STILL QUITE LONG HERE!$FCEL has sideways corrected, but it has been up 7 of the last 10 trading days, establishing a daily high last week 24.5-7.
This handle is taking longer to break, which is overall ACTUALLY VERY GOOD: The move upwards will be ready when it is; and to that point - Precise timing is nearly impossible w/ VIX as it is right now.
Some might be losing patience here, but that will be a costly mistake. The overall trend is still bullish and this is now on the 5th day of its handle formation-- THAT IS NOT THAT LONG A PERIOD. Breathe.
FCELLLLLY!
-BDR
See related idea w/ the trade channel and targets outlined!
FCEL option call killing it FCEL
president in the USA is for renewable energy
they taged up with an oil compnay
they have been around for awhile
i killed this march call and im still holding at a 20 dollar strike price:)))
$FCEL to $38 if it breaks previous highs from 2019$FCEL has already reached previous highs from 2019 at $23. If it stays in its current channel, it may start reaching for the 1618 fib, bringing it to $38 for a 62% gain. BUT, within that channel it may be forming a rising wedge which would cause a reversal and hopefully only retrace to the 786 at $18.60.
$FCEL - call optionsBought call options from yesterday's alert and perfect following the chicken beak pattern
I pay more to buy further out expirations, in case i am wrong.
When will $FCEL re-test 24.5 mark?Bullish flag seen; upward trend: Previous high at 24.5 to be recaptured...WHEN?
$FCEL is up 3+% on the day. It remains to be seen if it can return to the high it had last week 24.5-24.7 range.
-BDR
See attached idea Re: A moonish channel that was *not* realized. We wind up again.
FCELExited this position at 44% increase. Market looked frothy and seemed like the Biden win was packed into a lot of the renewable stocks.
Don't even know why I entered except it looked good (can't remember technically or fundamentally) compared to others in the space. I guess that's not a good trading plan LOL! But in this market, I got lucky. I will continue watching this one and will consider re-entry based on sound trading rules.
