NEW POSITION $FCEL Target 12.63 for 78.9% NEW POSITION $FCEL Target 12.63 for 78.9%
Or next add at 5.29
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled (most of the time)
(Support=Green, Resistance=Red, Trendlines=Blue) Fib will be labeled if any and their colors will vary.)
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
FCEL
FCEL Pt 6In part 5 I noted how I thought it was suspicious how retail heavy stocks were all suddenly trending up but to drive that point home look at FCEL, SOFI, NNDM, IDEX 15m time mark and you'll see a upward trend begin after august 20 (last Friday). Super Sus imo.
On to the matters at hand, as found in an article from investor place, "High valuations and a relative lack of catalyst have been the main culprits," in why they suspect FCEL hasn't been getting the attention it needs.
The main reason this is a long play is because the global economy is shifting to renewable energy vehicles one, and many investors (myself included) hopes to see this return to the pre Feb 8th highs of $28 give or take.
Two key catalysts the article covered
-upcoming infrastructure bill (Oct. 1st)
-China move into the hydrogen space
Personally, for the time being there is only one true catalyst and that is the infrastructure bill. Granted China as powerful as they claim to be has been on bs all year from the bitcoin crashing to the dictator like control of wealth hindering the likes of BABA and NIO. So, imo if China enters the space soon, yes it may push investors more into established American based stocks but too unpredictable for my liking.
Concerning TA
both the 1h and 15m times look sketch we've broke the suspicious bull trend line discussed above and are fighting to regain directional strength. as the days get closer to October 1st we may see a buy the news sell of anticipating a spike after the bill passing (Hopefully).
TITLE TO ARTICLE: Fuel Cell Stocks: Why BLDP, PLUG, FCEL Stocks Are Getting Green Today
If this helps you let me know, I'll add Fundamentals to my TA.
FCEL Follow up pt5I'd like to start with my opinion first, I'm a bit suspicious of the sudden price surge across the board. Granted Monday and Tuesday are usually bull days; however, to go from a 3% to 5% drop from the strongest of tickers too green with little to no positive catalyst is odd.
Update;
The gap noted in previous charts has filled, but as I type this (12:30est) we've dropped below the price SMA.
One factor working with us is that we do have directional strength back on our side. WITH A BARCODE PATTERN
both statements apply for the 15 minute time period.
for the long run (1h and Day time frames) directional strength is a long way to go, price strength is attainable but we constantly cross both sides.
I'm aware of the FEDS talking toward the end of the week so this could either go from good to scary or the opposite so I'd wait.
Fuelcell Energy Analysis 17.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis
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$FCEL Target 17.99 for 52.20% $FCEL Target 17.99 for 52.20%
Or next add at 5.88 (5 Day low)
If this breaks above and holds above that second trendline it'll say LET'S GO!!!
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
FCEL starts new cycleFuelCell Energy starts new cycle of run in this year.
Now we can see how investors accumulate positions that causes 1st wave like pattern.
Weekly MA200 on the ideal position to start soon.
The low carbon feature will be there soon.
Enter zone $7.5-9.34
First targets $95-119
Time horizont 2022-2023
$FCEL Target 19.90 for 35.08% $FCEL Target 19.90 for 35.08%
Or next add level is at 7.56
Staying right on course here too... target is the same as last update
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$FCEL Target 19.90 for 44.94% $FCEL Target 19.90 for 44.94%
Or next add level is at 7.56
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
ADDED to $FCEL New Target 19.90 for 44.94% $FCEL Target 19.90 for 44.94%
Or next add level is at 7.56 (basically here but so many positions need a boost that I'm only adding a little bit here)
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
FCEL heading to retest support at 6.5$Logaritmic scale at daily timeframe
Previously break up of the huge downtrend resistance (at 2$) got us 15x gains. The new uptrend support has been formed, so during this or the next week is going to retest that uptrend support.
For the last few months the falling wedge was forming, which means go LONG when the break up on the upper bond of the wedge pattern confirms.
I am now waiting to see how the things will play. Maybe before the big uptrend support retest we'll see the daily 20MA retest - which is also a upper bond of the falling wedge pattern.
If it bouce up at the uptrend support along with the whole tech market, we could easily see a new 10x gain this year which sounds very attractive.
Cheers!
Falling Wedge and Breakout Coming Soon! Falling wedge pattern (typically bullish on break above) - Indicators pretty oversold with some bullish divergence in the MFI. I think those 2023 leaps would be a great idea and just look to average into that price between now and $6.20. White arrows project where a bounce should occur and the green lines above are the implied move on breakout above.
ADDED $FCEL Target New 20.92 for 34.88% $FCEL Target 20.92 for 34.88%
Or next add level is at 10.10 (which is pretty close)
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
PLUG- Future of hydrogen clean energy is uncertainPLUG is arguably the leader of hydrogen fuel cell company. However, there are several concerns that need to be addressed.
#1. Hydrogen clean energy is still at the proof-of-concept stage and the natural gas industry seems to be its biggest advocate. Hydrogen gas is emission-free only if it's made by electrolysis from renewable energy.
#2. Currently, major renewable technologies include hydroelectricity, solar PV and wind power. Unlike solar and wind power, hydrogen doesn't occur naturally and needs to be manufactured from natural gas. This means that the significant time and cost will go toward setting up expensive infrastructure, storage and distribution networks making hydrogen power much harder and much more expensive to scale compared to solar and wind.
#3. Personal transport is one of the biggest application of the hydrogen, yet FCEV (Hydrogen) is steadily losing ground against BEV (Battery Electric Vehicle). The falling battery price and EV tax credit will only accelerate the adoption of EV, further widening the gap between FCEV and BEV.
#4. Sky high valuation and recent accounting issues.
I'm ambivalent toward PLUG and other fuel cell companies in general. However, I think it is a speculative bet and a good candidate for the swing trade given that one of the focuses of Biden's 2.25 trillion infrastructure plan is renewable power and that investors just love to throw their money on anything related to green energy due to the global decarbonization initiative that aims to reduce the CO2 emission by 50% in 2030.
I would initiate a small long position inside the demand zone. Conservative play is to set the target at the daily POC and exit completely. Alternatively, you can sell 50% and keep the remaining position as the potential long-term holding.
Do your own research. Not the investment advice.