FCEL
FCEL heading to the $10 range before a possibly massive breakoutsorry for my late post, meant to release on the weekend
$FCEL movements were tracked and compared to other EV/alternative energy movers last week and was identified as a potential +100% short-medium term gainer
plan accordingly.
going long on this stockI own fcel shares and its been going great. now here we have my tale profit. my support and my stop loss. you can see i am already in profit. ill update you guys tomorrow :) do your own research.
Topline Break..big Volume1- Topline break inminent, rejected at2.66 ..found support
2- Highest daily bull volume in the last 4 months.
Weight for 2.67 break before entering the trade., set the stop at the below the support line.
Daytrade amplitude 300 shares minimun would not make it fatter than 2000 shares usless the volume is massive. Again, not alot of amplitude, counting on a break. Great overnight swingtrade after it breaks and goes back to the support of the main trendline
Goood luck,
Just a thought!
fcel // for the investors who are trapped at todays big declinefcel chart help points resistans - supports
FCEL terrible earnings report sealed its failed ziggurat: BYE.Although $FCEL was exited LONG ago by this trader, I apologize to any who did not take the warnings to get rid of it after its earnings report last quarter - the telltale signs of collapse have hung on it since as it now hovers just BARELY above 2/s, which, we realize, was always a potentiality with it. However, it had shown strong consolidation waves w/ an overall upward trend for several months, 5 complete corrective ways that always ended in something of a bull run: That trend is OVER. This is something akin to burnt toast that you really don't want to scrape the char off, trust that: FCEL is not a palatable position and no one should still be locked into this trade expecting recovery. It gave us the reasons it is doing the opposite already and investors mostly read those loud and clear.
That will be all here: RIP, FCEL.
How Long will $FCEL Trade Sideways? Will it break out?$FCEL should reverse soon, but how soon is muddy. It is tracing a previous low region, but it is a very volatile stock and could rebound as quickly as it declined. After all. this has already happened four times since early May.
-BDR
Fuel Cell attempting to reach "Fifth Trough" - Stay calmFCEL has been volatile and is still on an ascending ziggurat format with its harmonics. Last C-Wave $FCEL retraced the same region it is now tumbling to.
BUT, BUT, BUT...stay with the trend here and avoid the panicking sell off that other investors are probably engaged in. While there can be no reassurance that FCEL bounces back, it has done so four times this trading year, and it's hopefully about to make a 5th C-Wave correction (Which must be higher than the previous four, or these are NOT by definition even corrective waves).
HOW LOW CAN SHE GO?
Hopefully not much further while promising the confirmation of a bounce back with an overt buy signal to draw investors back into this enigmatic stock.
It used to a giant, but the feasibility of implementing hydrogen gas dispersal systems has proven too daunting, and investors realized it (bailing). It's still a tech w/ super promising potential. Mankind is not there yet, still bound to oil. That digression aside, we are hoping for an exit between 3.2 and 3.4 -- which sounds comical since it is trading a full dollar below it.
Así lo es!
Happy trading and always get enough vitamins!
Outtttt, BDR
FCEL Logical Patterns Short TermShort Sellers Cool to Solar Stocks, Pile Into One Alt Energy Stock
FuelCell Energy Inc. (NASDAQ: FCEL) short interest decreased by 10% during the period. Some 36.7 million shares were short as of August 14, about 17.8% of the total float, and the share price rose by 22.4%. Days to cover remained at three. The stock closed at $2.88 on Tuesday, up 3.8% for the day, in a 52-week range of $0.23 to $3.50.
Source: 247wallst.com
FCEL Panic Would be Premature: Still a MASSIVE LONGFCEL has struggled since its strong open on Wednesday. After flirting with 3.5/s, it has come back to earth and hovers sub-3.
That said, the graphical harmonics still illustrate the potential, notwithstanding FCEL could not break the FIB point at 3.04, except temporarily -- It recoiled to that FIB point and now sits just below it. The trusted EXIT point is still 3.32, and those figuring this could go atomic w/ a 4.49 FIB max out, can look and hope for that gain still. Whatever the case, the last 2 trading days do nothing to derail the previous ideas Re: the long play here on FCEL.
Worth noting: The best way to handle FCEL (at least one way) is to pad this with a covered call. That will be evaluated early next trading week. While the 4.49 top out isn't absurd the covered call will absolutely cut down on an ATOMIC GAIN, to be really honest about it.
$BLDP Long Into Gap Fill & to New Highs$BLDP is looking to fill a gap up to $18 after a double bottom around $14. $BLDP is a fuel cell stock with peer stocks $PLUG $BE $FCEL; I am long the group of these stocks and want to highlight $BLDP here. Especially interesting with $BLDP is the daily TTM Squeeze momentum turning positive after a large selloff & subsequently negative momentum; I am looking for this momentum to flip above the 0 line and continue a longer term trend higher.
Also of note related to fuel cell stocks are EV stocks here. I continue to be bullish and long $SHLL $SPAQ $NIO $WKHS $FUV $TSLA, etc.
Just look at the setup on $SPAQ
Finding a Sell-point in $FCEL major run: Sanity Must PrevailWhile 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.
FCEL Re-entry Point, NOW - looking LONG post 4th C-Wave!FCEL became a dump when it traced sub 2.1/s during a deep trough to a short (in duration) fourth consolidation wave. The sideways and downward motion appears to have come to its halt. While some pre-emptive panic caused a slight loss during that re-trace, the entry point at 2.9 looks SPLENDID with a target zone between 3.2 and 3.3 per share, which it could spike to in rapid fashion. It's is tough to say it's an auto-dump at 3.2-3.3, though; the full upside will be worked out LATER.
Notwithstanding the spook of the fourth consolidation zone, the overall trend is still ascending in a ziggurat fashion: As to whether it fully breaks that trend, we will watch and see. Either way, this is again in the formation of a nice LONG -- so I'm re-entering!
GOOD LUCK TO ALL!
-BDR
FCEL 4th-wave FAILS; Rejected: Retracing, Bottom Out -> DUMP it.FCEL had the makings of a nice long - it even flashed the potential of going +3.1 / share.
It has lost all momentum in this latest correction wave with a virtual complete retrace of the third correction wave. The warning was that if this hit 2.1/s it would be in dump territory and it's pretty much there now. As to whether to hope for and wait on a slight bounce-back to the 2.4 range? I'd like to hope that's smart. That said, if it pushes close to the true trough of 2.10 - A loss will be taken that point and the position exited. This isn't necessarily hard-line advice, but it is certainly the red flag feared that signals a loss of faith in any sort of play on $FCEL holdings.
--Conclusion: Win some, lose some: This is NOW A LOSS.
--The average cost, for whatever it matters was 2.71. Thus, we're watching our chips leave at about a 60 cent per share drop. C'est la vie.
Best of luck to everybody! Happy trading?!
"Mama said there'd be days like this, there'd be days like this, mama said..."
-BDR
Post Note: See also the *failed* IDEA that this would NOT retrace the third - b/c reveling in misery is healthy. Sure.
$FCEL 4th-Wave Progression Checks out: Doubtfully retraces 3rd!Fuel Cell appears to have now reached its "Fourth Trough," and it checks out as higher than the previous three.
The mark to watch w/ caution was 2.1 per share, and with it bouncing fine off 2.4, the continued step-up in correction wave continues: That is NOT to say things are now BULLISH on this holding -- but exhale, the bleeding appears to be coming to its stop with strong long-term indicators in abundance still.
The ultimate upside is, still, highly speculative, but the reflection of a 2.4 low in this trough can only be taken as ::::::POSITIVE SIGN::::
As always, Happy Trading!!
-BDR
**Post Note: See related idea for why this was considered a LONG, and still, could be a long and decent future swing**
FCEL "4th" consolidation wave drives to Trough of 3rd: BEARISH!Fuel Cell has crashed harder than expected and there are a lot of bearish indications on this play now. The average cost is blown (2.79) and now it is pushing towards a trough near 2.4/share. It's tough to guess if this bottom goes even further. Caution is advised; this is never true advice -- but I will NOT be doubling down on FCEL. The hope is to eventually re-realize something closer to average cost before divesting to another position. Perhaps others may not. But that is why I always close, May the odds be forever in your favor.
Overall, this isn't a miss yet - but it's looking far more bearish with further data than we had at the last time of FCEL updates. We'll chime in more when more data makes itself available. Counsel is mostly undecided here :)
Happy trading!
$FCEL looking bullish mid to longer term$FCEL is forming my favorite bullish pattern: ascending triangle on the daily chart. No play yet but it is coming if it can break past the upper horizontal white line. Price targets are in red with a lot of upside here. Any news on battery production for larger company’s and this can run way past the price targets. This may trade in the trend to fill the triangle for a couple more days or could break out tomorrow.
Bullish Sector - Booming Revenue, Joining Russell 3000FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company offers SureSource product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and micro-grid, as well as multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications. It also provides SureSource Capture system that separates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; and SOFC/SOEC and Energy Storage, a solution for energy storage using solid oxide technology. The company's SureSource power plants generate electricity and usable heat. It serves various markets, such as utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, and Germany. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.
On 06/26/20, FCEL announced it was joining the Russell 3000
On 06/12/20, FCEL announced record earnings with an inline on EPS and a beat of $18.90 million on revenue.
Revenue increased 105.08% over sales of $9.22 million the same period last year.
Currently, Daily Chart looks good.
PMO is rising, Bullish
MACD is rising, Bullish
OBV is rising, Bullish
Long!
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Fourth Wave of FuelCell Consolidation: THE Major Breakout? LONG!The three periods of consolidation have been outlined and $FCEL appears to be entering the fourth wave. Note the general upward trend of the first three. This one could be the one that leads to its massive breakout. This current period of consolidation could be the longest-lasting, requiring a tiny bit of patience, but due to that, it also could be the big boy that provides the LONG opp that was already discussed last week.
Happy Trading!
-BDR
$FCEL STILL a strong entry Point: Quiet Play of Week Though I entered FCEL Positions on Monday, I stayed quiet for a little bit about it. The consolidation led to the thought a BULL RUN was coming, and the past two-weeks really have been just that. The entire natural energy sector has had a great overall past month, rallying on days the S&P is down - and even on days the NASDAQ itself does. FCEL is a crazy corrective wave to chart the potential of, really, and it is not too late to enter - though a wait on a slight retest isn't a horrible consideration necessarily.
The 3.75-4.00 range should ultimately be realized pretty easily here (probably before the end of 4th Q if not even FAR SOONER)... but beyond that (in terms of a possible annual high as mentioned w/ other Natural energy pet $SPWR), it's tough to call the ultimate upside.
I probably should have called this when I entered @ 2.8 per share, but I wanted to wait a bit for some stronger confirmation. And well, it's not too late to enter, though this cat has been out of the bag all week if anyone's paid attention.
CLNE Long ideaIm taking a swing trade long with CLNE . It is currently above the supporting moving averages. I see the huge days FCEL,PLUG,BLDP are having. These 4 stocks tend to travel together. I expect CLNE to play catchup and have a good week.
