1FEY2 trade ideas
FCEL finally in good shape, time to take a breather Discovering and trying new things with my technical analysis, doesn't matter if its right or wrong. Knowledge is knowledge. By the looks of it, FCEL should have any major breakdown in price for awhile, looks healthy. Could see a 5% additional drop however I see that as being rock bottom.
Short break at 30USD and then 60USD as next targetFCEL has been performing great so far and its time it got deserved rest. 30USD is first resistance level from which it could bounce back to 0.5 - 0.382fib of the recent rally. This would help to form an inverted head and shoulders pattern giving us next target of 60USD. Market is pretty hyped now, which means we could move past 30USD and continue, but I will take some profits here and try to buy back later.
$FCEL Building Before Another RallyTicker: $FCEL
Description:
Following the low emissions plan of Joe Biden, demand for alternative energy sources due to global warming, and the uproar in auto dealers switching to electric/alternative energy, we have been trending upwards for quite some time in the energy sector. $PLUG, $FCEL, $WKHS, and many others have followed suit and all call for an even larger upside.
Analysis:
This setup shows clear support of $18-20, producing a “safe” trade with a high % chance of success. With another potential run-up in earnings, an initial investment started here should return 100% or more again in our earnings run or post run-up.
I will only give you trades I personally watch and will always be clear when I think something is going the other direction and we should buy-in. I will not trade any hype stocks unless you’d like to test some and we talk about that separately from our long-term goals.
FCEL, Is It Happening All Over AgainHello fellow traders and investors, FCEL and many other companies had tremendous increases in the stock price. The growth only came from hype and now these stocks remain very overvalued. As you can see on the chart there is a grey box around the 17.50 to 30$ range, in 2017 and 2018 FCEL stock grew a lot and consolidated in that range. I'm wondering if this will all happen again.
Technicals:
The Macd is oversold
The EMA's indicate that FCEL is still in a downtrend
When To Buy:
When the EMA's crossover
When the Macd crosses its EMA
NOTE: I don't like trade setups that are based solely on hype and that are very overvalued however if it meets your criteria add it to your watchlist and follow up with it.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed please leave a like and follow.
FCEL testing 50 EMA and seeing green day?? so..... this is my idea my peeps! take a listen or not but my opinion only do your work.
FCEL broke down out of its channel (the blue parallel lines) (1 day time frame)
it looks like it has tested the 50EMA (the red line) and also the fib retracement of 0.382 (i circled it for ya baby)
from this point i would like to see some more volume and green days.
MACD wants to curl up over the signal line (the lines at the top Yellow and blue) for anyone that does not know what that it is.
It is basically a buying signal and good indicator for the market.
the 1 day candle stick could maybe come out to be an abandoned baby.. or inverted hammer ?? let me know what you think
going forward the next coming days i would like to add to my April.16th 2021 $20.00 strike depending on how these patterns end up panning out:))))
New Buy Zone ? Lets Wait Confirmationno confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades