FCEL
Fuelcell energy Elliot wave & price predictionAccording to Elliot wave theory, wave 5 will reach near one of the three prices shown on the chart before the 8th of april.
Comment: The Most Typical Fibonacci Ratios/Multiples within Impulses: (from Chapter 4: Ratio Analysis):
- If wave 1 is extended, expect the net of wave 2-5 to be .618 x wave 1
- Wave 2 = 618 or .5 x wave 1
- If wave 3 is extended, waves 1 and 5 tend toward equality. A .618 relationship is next most likely.
- Wave 3 = 1.618 or 2.618 x wave 1
- Wave 4 = .382 x wave 3
- Wave 4 (net) typically relates to its corresponding wave 2 (net) by a Fibonacci ratio.
- Wave 5 = wave 1, or .618, or .382 x the net of waves 1 thru 3.
- If neither wave 1 or 3 is extended, expect wave 5 to be 1.618 x the net of 1-3.
- The time to complete waves 1 thru 3 = the time to complete the end of 3 to the end of 5.
$INPX MASSIVE FOMO Enagaged PT $1-$1.50 Next $FCEL$INPX Has taken off quite nicely the last few business days and hasn't shown any signs of slowing down. The Palo Alto company which owns numerous subsidiaries and patents owns patents to a technology that will revolutionize indoor spaces. The company has a tech that integrates outdoor GPS systems with its indoor positioning system that maps out Geospacial context for location based services. The first of its kind in any industry this is sure to stir up a storm and I anticipate the PPS to show the massive potential here as the insider and institutional ownership of stock does.
Great Run Today..Hello Traders! Hope your having a wonderful day! Let's get into this, I will be watching for a continuation trade on this stock today I will be watching 0.67 for a break and re-test of that level, as that would give us extra confirmation of the uptrend moving higher. Make sure to confluence your trades like always before any entry , never enter off fomo or 'hope'. For this structure to break and give the shorts an opportunity we would want to see a break below the main support floor at 0.57 , as a break and rejection off that level would give momentum to move lower, so watch out for that. There was also positive reported earnings this morning "Total revenue increased to $22.7 million in the third quarter of fiscal 2019, up $10.6 million, or 88%, from the third quarter of fiscal 2018." Make sure to set your alerts and don't kill yourself watching this stock! If this helped you in any way, please be sure to FOLLOW & LIKE to show me support! Have a great rest of your day! Tyler Out!
Can She Make Another Run?This stock gapped up pre market, and had a decent run today, but ended up pulling back down to support towards the end of the day. We will be watching levels, 0.4350 / 0.4950, for possible bullish trades tomorrow. If we get no buyers and only sellers tomorrow with low volume, I would expect us to pull back below 0.37.
Tale of two scenarios #FCELI can see two scenarios playing out with FCEL:
1) The stock is sitting on the 200EMA and tested it July 3,5, and 8th (Today). Seems to want to stay above it.
So, either it will lay flat in this area (.72-.68) or it will drop (possibly gap) back down to the .54 area. The 3 day trend would imply that could happen, unless from the 3rd forward is a Pennant. In which case, it could lay flat.
2) There is resistance at $1, which I'm assuming is psychological because there isn't anything recent coinciding with the $1 mark. Additionally, if we treat the 3rd as the start of a pennant, the stock could very well gap up to or over $1. The volume on previous jumps was low (in comparison to highs), which seems to correlate with the recent "flatness."
NOT ADVICE: I am assuming the 200ema will hold as support. The stock is above all the other ema lines as well. Nothing suggests a dump. Regardless, I've set my stoploss just below the 200ema. If it does return at least I have a good re-entry point.
Consolidation from gaps find support at .67? FCELI'm continuing to watch this stock closely. I am a low-level trader and don't have tons of money in this stock,
but nobody wants a loss of even a dollar if they don't have to. If the .67 mark is confirmed in the following days
then I suspect the .80/.81 upper resistance will be broken. Or, it could go the other way. Still too early to tell.
News has been nothing but good in terms of contracts, although, there was a reverse stock-split weeks ago. Additionally, there was negative news about potential down earings Q2. There is a July 3 article outlining the volatility, but even that
is uncertain whether there will be a breakout or a sell-off. If I were a betting man, something will happen to push the stock back above a dollar so they can stay listed. I've not heard anything about an SEC warning or extension about staying listed.
Something to watch closely for a breakout in my opinion. Too many articles outlining positive business ventures.