Bounced off 200 ema and offering price! Back to the upside!FCEL announced an offering a couple of days ago at 6.50 a share and it looks like it bounced nicely off the 200 and that price.
MACD curling and TTM squeeze showing bullish momentum.
FCE2 trade ideas
FCEL: Trading near a Key Point!Hello traders and investors! Let’s take a look at FCEL today! This one is quite popular now, and it dropped a lot today. So, let’s see what’s going on here.
First, in the hourly chart FCEL just did what several other stocks and indices are doing today: Reached a previous support level . In this case, the purple line at $ 6.59 is the most important support to keep in mind here . If FCEL loses this support it could seek for the green line at $ 5.00, or even the $ 3.45.
But keep in mind that support levels are buy zones, as the Risk/Reward ratio improves dramatically near these levels.
Now, let’s look the daily chart:
Yes, it is dropping 16% right now, but we have a bullish candlestick in a support area, which is a good sign. I would be happier if FCEL hits the 21 ema, but we can’t count on that.
The volume is very high, and since it peaked (along with the price) on Nov 24, it is decreasing a little. This tells me that what we have here is just an exhaustion, rather than a real sell-off , and this means that this is just a pullback, not a reversal sign.
Usually, pullbacks are opportunities to buy, and if FCEL continues behaving this way, it’ll be a great sign for the stock. And if you liked this analysis, remember to follow me to keep in touch with my daily updates, and please, support this idea!
Thank you very much. Stay safe.
NEW POSITION: FCELThat's quite a dip, y'all. Opened a position at 6.66 just now. Target to sell 8.61, and if it keeps selling off double position at 4.71...
GL to all.
FCEL - Could it be a multibagger?FCEL was on a long term downtrend before hitting bottom in May 2019. It began to form a base for the next 1.5 yrs before propelling out of this base @ 4.00 on high volume and more than doubled in just 2 weeks.
It may appear expensive after having moved 150% in just 2 weeks. However the bigger picture is still looking like an early bull yet. I have to caution though that been a penny stock, it can be extremely volatile for a while (20% wild swing is plausible), hence trade/accumulate with with caution!
Lots of resistences on the way up too, hence could take a while to cross these hurdles.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
FCELI am only posting this for my records. Writing myself a note from the future.
You did it man. Your patience paid off. Stay humble. God 1st.
$FCEL$FCEL from today's low of $6.58 to high $11.31, it broke 3 supports in one day. It's overbought and will cool down between the $7 to $8 unless there's another wave of EV run.
FCEL in playIf you are inclined to jump into the fuel cell mania stick with something like FCEL that has massive volume and some structure in the premarket.
FCEL can be played of 10 with a hard stop below 8.50. High risk stock. Trade accordingly.
$FCEL - unstoppable at the momentThe trend is your friend.
Sell options to cover the cost of entering, let the others ride.
Set stop loss and increase the stop loss safely as this continues to climb. Be sure the stop loss has room for false break downs, meant to stop you out.
I keep thinking this one is doomed for a massive pull back, but until that happens, playing the safe game.
FCEL 11/23/2020FCEL still has alot of room to grow don't be greedy and find long positions during pullback.
We opened a long last Friday at $5.50 before market closed
11/23/2020 FCEL had a strong opening breaking out of the $6 range rallying to $8.40 before seeing a reversal
$7.39 on the moving average held as support
FCEL showing strong rejection at $8.60
Once FCEL break's out of $8.60 we can see a big move towards $10
ULTIMATE MOON | FuelCell Breakout??HUGE PLAY COMING. Massive, massive downtrend over the previous years. I will be entering the breakout with several options calling high strikes.... Meaning if we breakout past $3, bulls will engage and we moon.
Easy Loot | DotcomJack
Always do your own research before investing, this isn't a game.
Redfin signal below had a similar play.
a couple outcomes herebig resistance comes in around 10, but if it breaks that i can see this hitting 20 by the start of next year. lots of upside potential but be careful once it gets closer to the top trendline. gl! :)
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.
$FCEL Fuelcell Energy Bulls in chargePotential daily target $7.34
Longer term target to major pivot @ $9.57
