Fuelcell Energy (FCEL) has retraced 78.6% of the gains from its recent high on 10 Feb 2021 of $29.44, tracing from it's all-time-low of $0.13 in June of 2019. This is a significant Fibonacci Retracement level, and should be very strong support. This is a bullish indicator that suggests the bottom may be here for this stock.
Note
Edit: I do not have a position in this stock.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.