Ballard
Ballard power is in uptrendIt broke the descending triangle first and after accumulation price moved up. Today double dip line has been broken too.
Descending Triangle target is around 31$ (0.618 Fibonacci level)
And double dip target is around 24 $ (0.382 fibonacci)
Accumulation is possible between 200 day moving average and double dip line.
Bullish Sector - Booming Revenue, Joining Russell 3000FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company offers SureSource product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and micro-grid, as well as multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications. It also provides SureSource Capture system that separates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; and SOFC/SOEC and Energy Storage, a solution for energy storage using solid oxide technology. The company's SureSource power plants generate electricity and usable heat. It serves various markets, such as utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, and Germany. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.
On 06/26/20, FCEL announced it was joining the Russell 3000
On 06/12/20, FCEL announced record earnings with an inline on EPS and a beat of $18.90 million on revenue.
Revenue increased 105.08% over sales of $9.22 million the same period last year.
Currently, Daily Chart looks good.
PMO is rising, Bullish
MACD is rising, Bullish
OBV is rising, Bullish
Long!
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dynaCERT -is already making money with hydrogen!The logistician Jörg Mosolf from Mosolf Group near Stuttgart (SW-Germany) joined the hydrogen company dynaCERT 2 weeks ago, which I have been observing and investing in for some time now. Today I got the news about the entry of Eric Sprott, the second richest Canadian and known from the mining sector.
DynaCERT makes diesel technology more efficient in combustion by feeding hydrogen into the engine via the air supply. Diesel consumption is reduced by 7-9% in MAN's new trucks (TÜV Nord + TÜV Süd + Kraftfahrzeugbundesamt tested).
At the same time CO2 is reduced by 8-10%, CO + fine dust by up to 50% and NOx values by up to 90% . In comparison to the hyped Nel ASA or Ballard Power - dynaCERT already earns money in Q. 4 2019 and expects a profit of more than 50 million CAD next year. With a market capitalization of 100 million CAD this is a PER of 2 and that in a gigantic growth market with currently no competitor.
Next target 0.80 CAD
later 2.00 CAD in 12-18 months = 400%.
dynaCERT - Next rising waveAfter the first price push has taken place, the next price jump should now be initiated at least the weekly chart looks very positive.
I am curious and positioned accordingly.
Greetings from Hanover, Lower Saxonia
Stefan Bode