Trade ideas
Long term bullish with short term sell off Saw an analyst's report of FCEl with a hold position at $11 so be careful with a possible sell of. Personally, looking at volume and momentum long term. Cheers!
Disclaimer: Not financial advice
We've seen a bigger percentage drops than what I indicated with FCEl so keep that in mind
20 dollar price target on FCEL. With recent news about hydrogen stocks I am bullish on FCEL. Price target of 20 dollars after the bullish pennant on the daily chart.
Bullish Rising Valley"While FuelCell Energy has electrified the hopes of many investors, it's critical for prospective shareholders to remember that there's considerable risk associated with an investment"
- 3 Rising valley breakout indicated with the green arrow
- Potential of sideways trading ~$15.5 to ~$16.50 with upward potential
Not Financial advice
regret selling my 4 dollar average xDgreat little trend channel here, if it can test 11-12 id consider adding some shares. goodluck :)
FCEL - bull flag$FCEL #chartidea
Bull flag on weekly and daily chart.
$35B of the stimulus bill earmarked for clean energy tech.
$FCEL forming an Ascending Triangle Pattern$FCEL is setting up in a beautiful way here with an bullish ascending triangle pattern with a low scaling volume breakout. Looking for a run all throughout Feb.
Short Term Target Area: 18
Short Term Target Area 2: 24
$FCEl Fuelcell Chart Analysis and Targets
Potential leg up tomorrow for FCEL after making a nice move
in the after-hours session.
Levels of interest
$15.00 Fibonacci confluence zone
$16.20 Candle and Fibonacci's converge
$18.50 Fibonacci Golden pocket
The stock has room to run much higher on the RSI.
Political certainty & calm is what we really need.
Ready To Play FCEL Reversal Once Volume Comes BackPiercing candle and new physiological support at 10. Could see a reversal with DEM win in Georgia & not a bad play for a quick reversal bounce. Shareholder loss estimates looking better than before.
Expect a bounce off the 20 EMA and possible gap fill to .681 Fib
Fcel Showing falling wedgeRedline is current support and close.
I'd wait till it breaks out of the channel
at around 11.45 - 11.50. Once this Senate race is over in GA it could really surge with the rest of energy .
Next targets are green lines.
FCEL Breakout Imminent Tuesday January 5th Descending Triangle forming on FCEL, breakout convergence prediction
Great momentum if held above support Repost with minor updates for tomorrow. I'd like to see sideways trading
FCEL Retest w/RemountFCEL has come back to support levels at the 10 range to retest after highs. It held above the support level and remount above to reform bullish sentiment. This retest/remount looks bullish back to the 14 level
Bouncing off of a Fib retracement, with good upsideRetracement after a really good run - I bought in ~6 and I like where this seems to be going.
Looking for the bounce to take us ~15
$FCEL - 2 Main supports (Previous Peak 10.2 and Golden Pocket)Not for any recommendation
Just an Idea
Bullish 3 rising valleys IMO: price is consolidating as individuals are taking profit from the recent breakout therefore I do see the bears will run out of steam. The trend is bullish as indicated yet with the increase in retail investors I would be careful have a stop loss ready.
Breakout to the a new high is something I look forward to in 21' around the ~$18.30
Disclaimer: Not financial advice trade wisely and do your own due diligence please!
$FCEL - Previous analysis I gave a warning, Now I'm positive :)Stock price tested support area 11.3 (So far so good).
As long it stays above 11.3, I expect for a reversal movement to the peak.
Not for any recommendation
Just an Idea,
Broke out of Bullish flag. Consolidating. FCEL seems to be consolidating and that is following the breakout from the bullish pennant. Will keep my eye on FCEL for another pennant, or a bullish pattern.
