FCEL a LONG from ages ago; Target 24.5
Updated
FCEL is a position this trader was too soon on. That disregarded, a completion of current wave formation trends suggests a potential sell-point near 24.5 per share. The outline of several correction waves eventually resulted in FCEL breaking out late in 2020. There is plenty of room for this to run, and the exit point near 24 would produce a nearly 50% ROI on the swing. That said, it is a mere suggestion: The long could potentially be richer than chocolate cake if it's held on to.
Do your own due diligence, amigos, but the technology behind FCEL is receiving a revived interest. FCEL was once an IPO hype because enthusiasm for hydrogen fuel cells was stronger at that time, but
FCEL returning to a sizeable fraction of that glory is what has so many investors intrigued with this company.Best of luck to any and all F-CELLING IT UP!
-BDR
Post-note: The attached idea is to show how early this trader was pumping FCEL. It was too early, admittedly.
Trade active
Currently pushing 19.4 --> 20+ is within reach today. Target still looms. ALLLLLL GREEEEEEEEN.
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