Fuelcell is rising high in Wed.'s early trading, with the 24.5 immediate take-profit point still looking at least somewhat CONSERVATIVE: FCEL may be readjusted with some later secondary sell-points in the near future. Keep an eye today. Any pullback near 20/s indicates a pretty good point to take a bigger entry, but it may not retrace those regions to be clear.
--BDR
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I may set a second target in the 28-30 range as soon as this afternoon. I'll definitely be adding to these thoughts, at any rate.
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I am near upgrading 24.5 to a confirmation signal to load up for the run to 30. We're almost there folks. This has so much potential to run and i'm trying not to get ahead of things.
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We could see a pull back under 23 by the afternoon potentially, but there is a solid gain made today that isn't just some gap.
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Strong support at the top of the resistance channel is overall, very bullish.
Trade active
24.5 target was momentarily reached, with a spike .2-.25 beyond it. Then, oddly this target point became something of a resistance for FCEL. It remains to be seen how much it challenges the resistance line of the channel its on.
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Current Positions have us @ 100 shares w/ one long-call Feb 19 expiry @ 23 strike point. Whatever you got cooking w/ FCEL, it's cooking. Let's trust this long.
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