Bloom Energy $BE MASSIVE 50% MOVE! Could double from hereBloom Energy NYSE:BE MASSIVE 50% MOVE! Could double from here
- Its a HIGHFIVESETUP
- Massive bullish falling wedge pattern breakout with a measured move up to $45
Let this thing breathe or come back for a retest as 80-90% of breakouts retest.
I do not advice getting into this name at this time. Just wanted to point out the possibility and add to watchlist for a pullback potentially.
NFA
Bloomenergy
November momentum-stocks compared. +52% to -1.52%Are todays hot stocks tomorrows winners? Over time we will know. SQ, BE, Snap or NVDA?
From the October low to 25 Nov the market has seen significant momentum. These are my stock holdings. SQ has made the biggest contribution in November. Plotting your holdings can help in deciding what to hold and what to sell. Now could be a good time too cut out the poor performers with negative outlooks. Or you might want to add to or reduce your holding sizes. Good luck on your investing journey.
Bloom Energy Corp (NYSE) BE Stock RisesBloom Energy (NASDAQ:BE), a leading provider of hydrogen-fuel-cell-based platforms, reported its third-quarter financial results on Nov. 8, highlighting a record revenue and widening losses. BE stock jumped 7% following the mixed report.
Revenues at the San Jose-based energy firm hit $400.3 million in the third quarter, exceeding analyst expectations of $369.2 million by 8.4%. This equates to year-over-year growth of 36.9%.
Yet, the profit picture was less rosy. The loss per share in Q3 stood at 80 cents, a significant miss against the predicted loss per share of 4 cents. Bloom Energy had lost just 31 cents per share in the prior year.
While the company is upbeat about its growth trajectory and innovation plans, the market’s response has been less favorable. The year-to-date return for Bloom stands at -47.1%, far lower than the 15.6% return on the S&P 500 index during the same period.
Bloom Energy is known for its fuel-flexible Bloom Energy Server and Bloom Electrolyzer, primarily producing electricity and hydrogen. These solutions are valuable to a range of industries, including gas, utilities, nuclear, concentrated solar, ammonia, and heavy industries. The company’s future prospects seem bolstered by initiatives to decarbonize the marine industry through the design and development of fuel cell-powered ships.
Technical Analysis
Price Momentum
BE is trading near the bottom of its 52-week range and below its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price lower, and the stock still appears to have downward momentum heading to a consolidation Zone
BE Bloom Energy Options Ahead of Earnings Analyzing the options chain of BE Bloom Energy prior to the earnings report this week,
I would consider purchasing the 16usd strike price Puts with
an expiration date of 2023-5-19,
for a premium of approximately $0.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Bloom Energy Cup and Handle BreakoutTLDR:
I believe that Bloom Energy is about to go through a massive adoption and growth period that will outshine the current geopolitical climate. Based on my cup and handle charting, I estimate that the lowest upgraded value for Bloom Energy's stock will be around $32. However, climate news will largely influence whether that value goes higher. Strong investor sentiment coupled with appropriate corporate growth measures could land a higher valuation closer to $50. Time will tell.
Prelude:
Given the recent discussions of hydrogen energy adoption amongst car manufacturers and energy suppliers alike, it seems most any solid oxide fuel cell company stands to benefit. It just takes time, especially in the face of so much post-covid geopolitical conflict.
Indeed, as Russia has likely anticipated, the Spring and Summer of 2023 will be decisive... but not in their favor. Political sentiment towards environmental remediation has grown among most Western and some Eastern nations. This means reduced reliance on fossil fuels, Russia's primary source of income. And while Bloom Energy still supplies products that can operate using hydrocarbon fuels, they're significantly more efficient than most other fossil fuel energy production methods. If one factors in the growing market adoption of carbon capture technology, it seems feasible for such devices to get retrofitted to Bloom Energy's solid oxide fuel cell stacks.
Bloom Energy has been developing its technology for as long as I've been mature enough to understand it. Their mission has always been to produce cleaner energy as we transition from our dependence on fossil fuels. Our grid will need modular systems with flexible fuel sources like Bloom Energy's while we stabilize battery production and implementation. Wind and Solar will remain, nuclear will grow, but fossil fuel powerplants are likely on their last few decades. Solid oxide fuel cells can replace powerplants before nuclear energy growth and battery integration on the grid happens.
Disclaimer: This is not investment advice and I am not certified in any finance field to offer investment advice. I have a B.S. in Chemistry and am pursuing a Ph.D. in Mechanical Engineering. I have taken one high-school-level economics course. These words are purely speculation and should not be acted upon. Any investment activity you undertake after reading this description is done by your hand, and your hand alone. You are liable for your actions after reading this post. I am not telling you to invest in or against any stocks or sectors discussed above. Be Safe!
NYSE:BE
🟢 $BE Target 32.10 for 31.72% (49% from here)🟢 $BE Target 32.10 for 31.72% (49% from here)
Or double position at 16.64
Is it the energy sector's turn again?? That would be fun...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Bloom energy NYSE: BEBeen trading this one for a while but exited position some time ago looking for a new entry, I started building a new line in march and averaged into a small draw down since then, but the last few weeks we have made a solid rally out from the broadening wedge to finally break the zone.
We are pitted against some strong resistance right now but it doesnt look to bad, what im more excited about is the lack of previous structure from the sell off in feb.
This often means we have a clear run when breaking overhead resistance or equilibrium level and the major trend has turned bullish with HL and HH with a slight increase in volume is putting the momentum on our side.
EQ around 34 and a supply block at 40 where the price really got knocked down but still 70%+ from my average entry to there so will be pretty happy with this position if we can get that high.
Will keep a close eye on it for now for this momentum to slow down as it may be a sign to jump ship early.
Bloom Energy Update - Important Levels and TrendsHonestly, I don't know exactly what will happen with Bloom in the short term.
Worst case scenario, it taps 18, then bounces hard, which will confirm a full retracement of the over-extension.
The simple trend line I have should bring us to 30 soon.
The 200 Daily EMA has been reclaimed, as of today. It must hold til the end of the week.
I predict Bloom will hit $75, minimum, by the end of 2021.
$BE Target 34.78 for 28.58% - Or next add level at 19.70$BE Target 34.78 for 28.58%
Or next add level at 19.70
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Bloom Energy | Parabolic Momentum?Another renewable energy stock to put on your radar is Bloom Energy. As you are probably aware, there is a lot of interest for renewable energy stocks. Bloom Energy provides electricity for organizations on a global scale with solid-oxide fuel cell systems (fuel cells that run on natural gas for backup power and microgrid applications).
However, Bloom Energy Price Per Share (PPS) was almost 50% down in October. The significant retracement was highly affected by their Q3 2020 results. Bloom Energy reported a $200.3 million revenue and a loss of $12 million, whereby they delivered a 6.6% increase from 2020. However, Bloom Energy recovered and is back above its 50-day Moving Average. In addition, a bullish MACD crossed is formed which both indicates possible bullish momentum. Moreover, the Pfizer breakthrough caused that a lot of stocks surged, and Bloom Energy did exactly the same. If the vaccine will ensure that people can go back to the streets, demand for energy will rise along. Lastly, this stock is very interesting on the long-term. Business are getting more aware of Corporate Social Responsibility (CSR) and most likely to invest in the green energy in the future.
Strong-Buy for Bloom EnergyAnalysis per request: This stock has the potential to double by the end of this year, and a further potential to triple by mid next year. Very straight forward technicals, simply watch the interplay around the 20 and 50 MAs (touching & half-crossings). 'Weekly' PSAR is likely to break next week. ADX is at its peak (reversing now) meaning selling has stopped and money is flowing back in. I wasn't able to find any negative indications for now (I'll keep an eye on it).
Bloom Energy before EarningsBE will report Earnings this week with an upside potential of 5 or higher (up to 6.4 w/ rally). Unless they report some really bad numbers, this is still a strong-buy. Depending on which highs the stock will take out next (H1, H2), we will be able to tell more precisely what the stock will do for the next few weeks ahead. With gold prices about to explode it's a great long-term investment regardless of short-term performance volatility.
Take note of two important things: First, target level 'T' must be broken to build a new bullish 'weekly' formation. Second, while this week's gap-up is not too much of a major issue, it would be of great benefit for the stock to quickly retrace under 3.35 and close it before Earnings. This would ensure a 100% upside and eliminate any remaining doubts. A small risk remains with the gap left open, but as long as it doesn't drop below 'L', even in a bad earnings report scenario, it's still considered a strong-buy.
BE =5.10 (BUY and HOLD) Pump and Dump - Bloom EnergyHi friends, this action just from my sheet, on the strategy of Pump and Dump.
Buy on 5.12$
Stop = $4.50
Profit = $10.66
Stop 11%
For profit 100%
The risk of a yield of around R=10
I really like such actions. especially when you realize that their potential is huge.
My experience, against technical indicators, and fundamental.....
THE ANALYSIS:
the screener shows that the timeframes are 1 hour, 1 week, and 1 month. Definitely sell the commodity.
Putting 1 month. technical expertise. Let's see. Personally, I Bought, although indicatory say the opposite....
What pokazet on Skinerror...
Summary: strong SELL
Chip. average: SELL Buy (3) Sell (9)
Technical indicators: ACTIVELY SELL Buy (1) Sell (6)
Turning points 17.08.2009 19:12 GMT
Name S3 S2 S1 Pivot point R1 R2 R3
Classic of 5.84 7,90 of 9.18 11,24 14,58 of 12.52 of 15.86
Fibonacci of 9.18 7,90 13,30 of 12.52 of 9.96 11,24 14,58
Clique of 9.84 at 9.53 10,14 11,06 11,24 of 10.76 at 11.37
Woody 5,44 7,70 of 8.78 the 11.04 12,12 of 14.38 and 15.46
Demark - - 8,53 10,92 11,87 - -
Technical indicators 17.08.2019 19:12 GMT
Name Value Action
RSI(14) 100,000 Overbought
STOCH(9,6) 22,293 Sell
STOCHRSI(14) 0.000 Oversold
MACD(12,26) 1,120 Buy
ADX(14) 20,310 Sell
Williams %R -97,916 Oversold
CCI(14) -98,2874 to Sell
ATR(14) 8,3886 High volatility
Highs/Lows(14) -8,2050 To Sell
Ultimate Oscillator 45,098 Sell
ROC 0.000 Neutral
Bull/Bear Power(13) -6,1400 Sell
Buy: 1
Selling: 6
Neutral: 1
Summary:strong SELL
Chip. average 17.08.2019 19:12 GMT
Period Simple Exponential
MA5 of 10.45 to Sell 9,30 to Sell
MA10 of 11.55 to Sell 12,78 Sell
MA20 11.32 Sell 16.03 Sell
MA50 is 4.53 Of 19.66 Buy Sell
MA100 2.26 Buy 21.24 Sell
MA200 1,13 Buy Of 22.12 to Sell
Buy: 3
Selling: 9
Summary:SELL
FUNDAMENTAL ANALYSIS:
1.) The income statement will BE
Gross profit TTM 11,53%
TTM operating margin -30.02%
TTM -42.08 profitability ratio%
Return on investment TTM -40.7%
Period up to: 31.03.2019 31.12.2018 30.06.2018 30.09.2018
Total income 200,71 213,61 190,19 168,88
Gross profit 15,76 17,25 23,39 32,77
Operating income -72.64 -88.18 -66.11 -5.25
Net profit -84,44 -99,78 -78,58 -45,68
2.) Balance sheet BE
The quick ratio MRQ of 1.89
The current ratio MRQ of 2.32
Total assets total liabilities
Period up to: 31.03.2019 31.12.2018 30.06.2018 30.09.2018
Total assets 1318,85 1389,67 1445,14 1157,74
Total liabilities 1424,29 1481,33 1530,12 1918,91
Total equity -105,44 -91,66 -84,97 -761,18
3.) Statement of cash flows BE
Cash flow per share TTM -2.57
Earnings per share TTM 7.05
Operating cash -1.51%
Period up to: 31.03.2019 31.12.2018 30.06.2018 30.09.2018
Period: 3 Months 12 Months 9 Months 6 Months
Cash from operating activities -4.17 -58.42 -13.65 -18.59
Cash used in investing activities is 95.11 -94,83 of 15.42 of 9.67
Cash used in financing activities -1.49 253.12 261.84 -21.83
Net cash change 89.45 99.87 263.61 -30.74
* In millions of USD (except for shares)