FCEL it must forcefully overcome the resistance in area 1, we hope that it finds strength and volume in the coming days
FCE2 trade ideas
FCEL can pump vis-a-vis PLUG, and PLUG is looking pretty goodI’m heavy FCEL here, in at $2.40. See ya at $30. It’s got room to pump vis-a-vis PLUG, and Plug Bottom is in. It’s go time HDRO, HYDR, HTWO, HJEN, PLUG, but in particular FCEL. The biggest mover
FCEL small long (GAMBLE TRADE)Just took a shot on $FCEL.
Double bottom and breaking the downsloping resistance.
FCEL Energy Penny Stock Buy the near term Bottom LongFCEL a penny alternative energy stock is at a near-term bottom sitting at the POC line
of the volume profile and a standard deviation below the intermediate-term mean VWAP
about a month out from a good earnings beat. Given the current administrations unwavering
support for green enerby sometimes with grants subsidies and other hand- outs I see FCEL
as getting some trader attention of the good kind unlike PLUG which announced a large public
offering to dilute investors. FCEL could steal some of those investors. The supertrend indicator
is signaling a reversal at the confluence of the POC line with the VWAP band as
mentioned. My target is the mean VWAP at 1.50 for about 35% upside with a stop loss at
the recent pivot low of $1.09 making for a reward-to-risk ratio of better than 6.
I see this as a swing trade with potentially 75 days in front of it given the earning report
for 24Q1 is due a bit beyond that and best risk management would be to take a partial
and size down going into earnings.
Same pattern on the Weekly. Ascending triangle.Similar pattern as previous bottom. Is this of relevance?
Bounce off 0.618 Fib, possible reverse in progress?1 month chart, stock had been in an overall downtrend. The previous bounce from 0.37 netted +20k%. Is this a Bull Flag and is it Reversal time?
$FCEL Fuelcell Energy Inc Long term PTs 39 - 682 and higherNASDAQ:FCEL Fuelcell Energy Inc
Long term PTs 39 - 682 and higher
FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems. It also offers technology to produce electricity, heat, hydrogen, and water. In addition, the company provides turn-key solutions, including development, engineering, procurement, construction, interconnection, and operation services. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, commercial and hospitality, microgrids, manufacturing, industrial hydrogen, port, oil and gas, wind and solar projects, food and beverage, hydrogen for mobility and material handling, and hydrogen fuel for heat, as well as engineering, procurement, and construction firms. The company primarily operates in the United States, South Korea, and Europe. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.
FCEL is preparing to reverse the trend ?I believe an H&S reversal formation has been completed with a neck line in the 1.40 area. FCEL has been in a downward trend for a long time and will have to break the dynamic resistance upwards to gain strength to reverse the trend
FCEL possible big move in the making!Hi folks! Here is my perspective of the chart. Anything is possible, could revisit $1 if resistance zone cannot be broken. However, it does have strong divergent patterns, as well as volume not seen in some time. Please read my annotations.
Thank you for viewing! Happy trading!
OnePath
FCEL 1W Bearish Running Flat CorrectionWave 4 of C upwards over 100% then final wave 5 down to retracement of previous wave 2 on the left. 82% Decrease in Price for wave 5.
FuelCell Energy, Inc. engages in the development, design, production, construction and servicing of high temperature fuel cells for clean electric power generation. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant. The firm's fuel cell solution is an alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. It provides solutions for various applications, including utility-scale distributed generation, on-site power generation, combined heat and power, distributed hydrogen, carbon capture and hydrogen-based long duration storage. The company's platform has the differentiating ability to do all these applications utilizing multiple sources of fuel including natural gas, renewable biogas, and propane among others sources. The company was founded in 1969 and is headquartered in Danbury, CT.
FCELHi, I believe FCEL has bottomed, and I don’t think we see another “0-level” touch of this “bear fib”. I’m posting this chart as a record of my bottom call. Good luck bulls. I’ll see you above $100.
FCEL/PLUGHi, I show the concatenated Fcel/plug in a Fibonacci channel. Plug has 7% down to hit supports at “two prior peaks”. The bleeding is almost over. Meanwhile Fcel, which I own with a $160k opening position at $2.40, is landing on the bottom of the pair’s fib channel. Fcel “should” run net bullish Plug from here on, even if they are both falling. But when plug bottoms, and starts to pump again, the Fcel strength will be obvious.
FCEL Looking BullishFCEL looking bullish as its completed its 5 wave structure down. Currently its putting in its B corrective wave of the downtrend and could be placing its higher low.
FCEL UpdateI've mentioned this stock a few times in the past, I said it'll get close to book value because they lose money every quarter. Well, it's pretty dang close now.
Might be worth throwing a few bucks there today or tomorrow if you like long term plays. Low risk at this point. Not gonna recommend options since you never know when this will pop, could be next week.... or 2 months from now.
Fcel fib channelHi, I show Fcel fib channel price location, and on balance volume landing. Price is at $2. I’m in from $2.40, and looking for $185ish. Short term head and shoulders pattern pointing to $1.77, but not guaranteed. Volume coming in again slowly, and nearing vpvr lower bounds, and linear lower bounds. Do you have the will and fortitude to realize life-changing gains?
FCEL incrediblethese guys are still around is beyond me no clue but it seems like they want to keep trending lower to test those lows before a turnaround. should absolutly moon once the markets get going unless we see this recession. catch ya + $100
FCEL entry for Long term holdI provide “kissing” fib channels, and propose that FCEL is near the bottom of the retrace after volume came in and pumped the price off the bottom of both fib channels. The next major move is up
fcel playfcel looks like itr can head to 3 dollars by the end of the week and then can be rejected back to two dollars this can happen all in a week or two so watch out if it passes the 3 dollar it can get a bullish trend but it loosk over bought and needs to come down and kevel out before it goes up again
FCELsmart money concepts orderblocks seem to align with the trend, if it flips then the upside to eat all that vol could be significaant, long term trade but should be above $5 by 202 at this rate.
FCEL UpdateThe problem with micro cap stocks is that a pump on news doesn't last very long. FCEL dropped out of a pennant reversal, looks like it's going to fill that news gap.
I wouldn't buy until MFI goes oversold on the daily, probably headed below $ 2 again within the next 2 weeks. I said a few weeks ago that this wouldn't make it above $ 3 resistance, it only made it to $ 2.5. Old support is new resistance, will have a hard time breaking that again.
FCEL making Golden KissCheck how FCEL is making a golden kiss and may help it shoot higher on hourly time.
