BLDP trade ideas
Ballard Power Systems attention for breakthrough in fuel systemsLooking at price harmonics I am buyer at 1.45euro with a few puts at 1euro to protect my overall long position.
Investment for months or years......if they find the right technology this stock will skyrocket! So I place this stock on my attention list and screener list for 2017
Best to your trading!
BLDP new low may estabilish in the next weekBLDP is currently ramping up production for buses/trams in china and is seeing a decent ramp-up in production for these orders. They also recently signed a deal with a Toyota subsidiary in japan for distribution and is expecting news soon.
Chart wise--- If a new low establishes itself above 1.92 we could remain in this bullish uptrend
BLDP New Bullish StartingTechnic : Ema and MA squeeze , TRIX and ATR UP , Fibo 2.618 Touch and up First Target 4
Fundamental : Ballard made a “substantial improvement” during the past few years, having turned its focus to “commercial markets, cost-effectively positioning for long-term development markets, and deriving value from its broad IP through licensing and services contracts.
Ballard is ready for the next move by earninsThe red dynamic support line witch has be valid since Jan 2014 is showing a very positive since along with the bullish head and shoulders pattern, upon checking the support line (Red) bullish engulf pattern will be seen, which indicates that Bull still in control of this stock.