$FCEL Target 22.21 for 32.20% $FCEL Target 22.21 for 32.20%
Or next add level is at 11.39
Options expire tomorrow so why wouldn’t this drop… buy anywhere around 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
FCEL - refueling or revertingHey investing neighbors,
Let us take a look at FCEL and figure out if now is a good time to bail, invest, speculate, or hedge current positions. Over the last several days FCEL has tested prior support levels all the way down to the 11.30s on the weekly time frame and tested upward resistance at about 15.58. That is one heck of a swing!
For long term investors, speculators, and interested parties the important support level is on the monthly time frame of 14.93 which FCEL punched through and has now retraced under at 14.35. That .60 level should give a good upward trajectory for a test higher and of course back to 15.58 and higher. FCEL should have made it back to the 16.80 level and since it did not it instantly tried to retest lower support/resistance on that monthly timeframe.
The over all sentiment seems to currently favor longs but they should be cautious and keep a tight eye on that monthly level of 14.93 and psychological upward levels of 14.50 and above. A break below 14 could signal trouble. FCEL still has plenty of a possibility higher especially considering that the Biden administration is pushing clean energy which FCEL should benefit.
It is also worth noting that FCEL has a tremendously forward 2021 picking up on 2020 momentum as a whole and despite a disappointing Q1 earnings coupled with a downward trend on the technology sector is making positive movements forward and should benefit from American clean energy initiatives.
It would be prudent to be cautious though that sentiment could turn negative and FCEL has a clear downward window back to 13.12 and then 11.30. For accumulating a position in FCEL could be beneficial on this price levels but there should be either a clear push back above the 14.93 level and a sustainable break through 15.58 or FCEL could easily retest lower support. Long term investing likely would be ideal for sustainable moves upward from current price levels.
For entertainment and education purposes only. Not financial advice. Want to comment? Reach me below or over on our new Reddit group /apesinvest
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Fuelcell Bullish, Bearish, or Boring?Well friends we've been wondering if Fuel Cell FCEL is net bullish or bearish over the last few weeks. Cases can be made for both positions. So it certainly isn't a boring stock!
Disappointing earnings caught investors by surprise and a nasty short term bear trend ensued after the recent bear run from FCEL's 2021 all time highs. First the good news. For long term investors buying long pretty much anytime after earnings were likely disappointed. It was good to see a close in the green today (March 17, 2021). Bears were making profit as FCEL started off two days in a row well below prior days close. So what does this mean? It means that the battle is on between bears and bulls was in their favor. it was definitely in the hands of the bears until Powell spoke but so was the entire market as it was predominantly waiting for direction. Tomorrows action particularly the first 30 minutes should give direction if a bullish 2nd wave has began or if this is a false break out and it returns to bearish direction.
FCEL definitely respected the monthly level and kept bouncing off of it. This rejection of definitively pushing below lower level of support shows a bullish direction and this recent bearish sentiment is merely an irrational sell off from Q4 earnings. This would likely also show that FCEL does not want in the near term to test again lower levels and instead wants to retest higher levels. After market and premarket action will be helpful in deciding if this is the case.
Bullish investors may want to note that it retraced in the last two hours of trading above yesterdays close in price action. Long term investors will want to see it not push below the downward monthly yellow level of 14.93 and to retest the upper levels . Short term possible profit targets could be the dull yellow daily resistance areas of 16.80 to 18.50 and the long term yellow levels of 21.70 to 29.79. Even if there is a short term bearish momentum, overall FCEL seems to be a long term bullish investment.
For entertainment and education purposes. Not invest advice.
ADDED $FCEL Target 24.13 for 28.90% Or next add level at 13.31 $FCEL Target 24.13 for 28.90%
Or next add level at 13.31
FCEL dipped enough for me to add a little here at 16.06...
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.
PROBABLE LONG ENTRY - FUELCELL ENERGY - FCEL - 30MNThank you for your likes and shares. I really appreciate!
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After a long run down the FCEL in short time frame is probably preparing to recover.
See the latest candlestick showing a very strong squeeze of sellers. This won't prevent the market to go down further. But, in probability, when this even occur with such a high volume, the market tends to go in the opposite direction afterward.
For long time investors, this could be a nice placement knowing how the sector energy want to improve and evolve by introducing slowly hydrogen to the current world. Specially with the increase of space projects interested in the "clean" hydrogen applications.
Another bubble is about to burst in next week!FCEL is about to experience a huge down gap after its earnings next week. Almost no fundamental analysis supports a 5.6 Billion market cap for a company with a 17 million revenue/quarter. Forecast to become profitable in the next 3 years!
1- Almost 22000% gain in 20 months for a company without any significant change in revenue and EPS.
2-Similar price correlation with SFIX. SFIX experience a 28% down gap after earning calls. correlation study between these two shows a bigger bubble in FCEL.
I believe FCEL makes a perfect case for a huge down gap after earning cal. it is better to insure your stocks with put options
please read my analysis on November 19, 2020, for FCEL with the title of do you believe in HYPE? I put its target at 29.88 when it was just 5.36..! FCEL touched 29.44 on 10 Feb 2021, then experienced a drop to 11.07.
please be mindful of the risk involved in options trading if you want to buy puts!
Moshkelgosha
FCEL: A new Key Point that we all must be aware of!Hello traders and investors! Let’s talk about FCEL again! It has been a while since my last analysis about it, so, let’s see how it behaved since then. The link to my last analysis is at the end of this analysis, as usual.
I wrote my first analysis about FCEL when it dropped about 20%, after some news about a public offering, and some people were extremely concerned about it, but since I’m a Price Action trader, and the only thing that interests me is a good Risk/Reward ratio , I thought it was a good idea to invest at FCEL, regardless of how pessimist the sentiment was.
The stock went up from $ 7 to the $ 30, and now, it is at $ 13 again. The thing is, it did a Head and Shoulders chart pattern in the daily chart, but it already hit its target, which is this black line at $ 10.98.
The black line is the most important Key Point to keep in mind in the short/mid-term , and it must not lose it, as it could engage in a real bear trend and seek for lower levels, maybe the $ 6 again.
Let’s see the weekly chart for more clues:
See how crucial is the area where FCEL is right now? It is sitting above the black line, which worked as support and resistance in the past, and it is above the 21 ema, which is another support level in the weekly chart.
If FCEL is about to react, it’ll be soon, but as long as we don’t have any good signs around, I’m not entirely convinced that it’ll keep pushing up. What we need is a good pattern, and an increase in the volume to resume the bull trend . In my view the moment to buy FCEL has passed, and now it is time to manage positions, and watch the key points mentioned. But we might see something interesting around.
Let’s monitor FCEL closely from now on, as it is in a decisive moment! And if you liked this analysis, remember to follow me to keep updated, and please, support this idea with your like!
Thank you very much!
FuelCell FCEL - I know you telling me - Stop Playing not FCELFuelCell FCEL - I know you telling me - Stop Playing not FCEL - YES FCEL - we are entering the Fib Buy zone. We need to what if it can give us a good reversal pattern or candlestick. The 15 minute chart Moving Averages are still bearish (servicing as moving trend lines) but could reverse soon? It would be nice to buy at $10 and ride to $15ish for a 50% play. Then, see if price breaks the MA to continue to $30ish for a 200% play. Or the play could be to wait until price breaks $15ish to enter for the potential 100% play to $30. Otherwise, if price goes below $10, the reversal gains will be exponential? Patience is key. Not Financial Advice.