FCE2 trade ideas
Bullish 3 rising valleys IMO: price is consolidating as individuals are taking profit from the recent breakout therefore I do see the bears will run out of steam. The trend is bullish as indicated yet with the increase in retail investors I would be careful have a stop loss ready.
Breakout to the a new high is something I look forward to in 21' around the ~$18.30
Disclaimer: Not financial advice trade wisely and do your own due diligence please!
FCEL Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$FCEL - FuelCell Energy, Inc. - Common Stock
Initial Alert Price: $8.51
Price High: $13.90
% Gains/Losses: 63.34%
(+30.34% More Than Expected)
Potential Stop Loss: $13.21
FCEL hit $13.90 on Dec. 23th after Congress passed the COVID-19 Relief Bill which consisted of provisions for clean energy, such as tax extensions. The stock consolidated and found support on the $12.04 Levels. We're currently monitoring this moving forward and keeping the Trade Alert active while we determine how far consolidation continues. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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Symmetrical Triangle BreakoutBroke out of symmetrical triangle on 22 Dec.
Bought some at 10.045.
TP1: 13.9 based on height of triangle
Looking to retest the 11.40 level (previous resistance turned support) before buying in.
TP2: 14.40 based on previous resistance
TP3: 17.48 based on previous resistance
a little fib plus used "the strat" for the entry. thanks to @bullishcharts for the ticker. missed the first move. waited to the retracement. and a good candle via the strat for entry and tight stop loss. for high reward low risk to 27 extention price target. i see the same setup in fubo. i will post now . since this one is in the past.