FCEL to 12.17I AM NOT A PROFESSIONAL TRADER. TRADE AT YOUR OWN RISK.
Looks like a upward channel starting from a area of value 5.68.
We are bumping our head on the top channel and resistance level of around 9.57.
I can see a slight pullback to a VWAP line of 7.74 to cool down the RSI.
The Daily chart volume is good to interest traders and have nice volatility for upward trend to 12.17.
Lastly MA50 and MA30 closing in on MA200 for a golden cross.
just a perspective , GOOD LUCK TRADERS
Trade ideas
FCEL preparing for the next leg higher⁇📊we saw fcel dip and rip as predicted in the previous idea here on tradingview, congrats to longs! :)
recently we saw a big resistance at 8.8/9 break, now this level is trying to act like support. if it holds we can target 12-13.
please like/follow/leave thoughts below if you enjoyed my idea, thank you!
$FCEL Trade still working Fuel Cell Energy Trade idea from Oct 15 is still working, currently up +25% ! Nice accumulation , rounding base, volume uptick, sector heating up, etc.
I see no reason to sell and have added to my position. Volume up tick, this might explode again similar to Q1 price action.
First level of profit taking $11.30 resistance zone with 10% trailing stop as I'm already up on this trade.
Good when you can set it and forget it :0
FCEL | SHORTNASDAQ:FCEL
2 scenarios:
A- retesting 7.60$ to 8$ and then price decline to 7.30$ and 6.70$
B- Straight fall to 6.70$
the bearish scenario is void if we hit 8$ and consolidate above it. I'm not in rush to open position now.
Possible Scenario: SHORT
Evidence: Price Action.
TP1: 6.70$
TP2: 6.20$
*This is my personal idea and could be wrong 100%
FCEL flying! is it time to buy though?hello traders, so today $FCEL is hitting extreme overbought zones on the RSI.
We can clearly see in the previous history! the stock never holds the levels its at when the RSI hits 70+, it always has some sort of pullback.
will history repeat itself? yes most likely it will, maybe not tomorrow but... I wont be surprised if we see FCEL around 7 in the next few weeks
FCEL - broke up from base on strong volumeFCEL broker up from base formation resistence @ 7.86 today on very strong volume.
At the time of writing it has already shot up to 8.60. Do not take this aggressive late entry if you cannot withstand an 80 cts initial stop loss several ticks below 7.86 (which is abt 9% possible loss if wrong).
There is a possible chance that such breakups could retest near the breakup level @ 7.86 again (which should become resistence turned support) in the near future. Should that happen, it could be the opportunity for conservative traders to jump on board during this retest.
Inital target is around 11.27 (gap fill here) to 12.00. Trail stops up as it could consolidate a little at each targets before resuming the trend to the next few targets (fibonacci retracement levels).
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade
FCEL 1M Swing editiontest
FuelCell Energy, Inc. develops environmentally responsible distributed baseload power solutions through proprietary molten-carbonate fuel cell technology. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant. The firm's fuel cell solution is an alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. It provides solutions for various applications, including utility-scale distributed generation, on-site power generation, combined heat and power, distributed hydrogen, carbon capture and hydrogen-based long duration storage. The Company's platform has the differentiating ability to do all these applications utilizing multiple sources of fuel including natural gas, renewable biogas, propane among others sources. The company was founded in 1969 and is headquartered in Danbury, CT.
Fcel trading In range FCEL 3hour chart
White line -Consolidation range
yellow line - Trendline
charting Fcel and found that its basically been in a range since mid August. Trading between 7.8 - 5.5.
It got rejected off of 7.8 again Friday. I'll be looking to enter short here if it falls through that trendline.
I wouldn't go long on calls until I see a close above 8$.
If it breaks trendline and falls below 7.10. short back to 5.8
FCELFuelCell Energy Inc (NASDAQ:FCEL) Good solid stock moving higher on expansion volume. 7.86 is the pivot here. If it breaks, we could see 8.50 quickly. Use the rising EMA20 as stop-loss. Technical indicators are also supporting the bulls. The MACD crossed above the signal line on positive territory, RSI is moving up and above its 50% level. Long setup on watch.
$FCEL Trending and technicals look goodFuel Cell Energy has been gaining Twitter MOMO but technically, it is forming a rounded bottom curling and up +7% today as it appears to be coming out of a nice consolidated accumulation base.
An idea would be to go long with a starter size and build position with first PT at resistance zone $10.27
QQE and MACD , trading above 21 EMA : Bullish Confluence
Check @jeffreytesterman Idea for the fundamentals : )






















