While initially, before analysis, was hoping to target SELL Point on FCEL in the 4.5 per share region, FIB Tracements, recent behavior, and a max peak today of 3.48 are indicating that the top out targetted now will be just over 3.6 per share. That said, there may be more room to run, but if it returns to what it already did when it nearly touched 3.5, this 3.6 exit-point will make enough sense.
Duly Note: Having entered at 2.91 per share, the ROI is significant enough to cash out on Fuel Cell's parabolic shift that happened today, Tuesday (AUG 19). If it turns out that I'm staying in the position past 3.6, with hopes of 4+, wait for that note then. Otherwise, a tentative exit point is definitely located and slightly inflated beyond top Fib point.
Thanks!! Happy trading, count stacks! , etc.
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Again, today is WED. This wk is weird and ive said it was Tuesday twice already. Carry on even so
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What goes up, must come down: Adjusted EXIT @ 3.32/share; 2nd-highest Fib retracement.
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3.04 FIB Point Shattered; 3.32 Next retracement point. (as of, 10:04 EST, Market Time).
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Trending back down to the 3.04 FIB Point: We're not looking at a TODAY exit point. This will loom into next week, assuredly. GL Everyone!
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