FCEL ( FUELCELL ENERGY) WARNING WARNING ⚠️ ⚠️ ⚠️ HIGH RISK TAKERS ONLY
Am buying at $0.50-$0.24
Stop loss ( GO BIG OR GO HOME)
DUMB MONEY 💰💰
FCEL
PLUG set up on support for Long EntryPLUG is on a 60 minute chart ascending in a relatively parallel channel and oscillating within
it. Price has cycled into the lower thick green support trendline. A falling wedge pattern is seen
It is now on its second touch of the support. PLUG has gained 75% in three weeks. As a green
energy small cap, it is sharing an uptrend with FCEL, QS and others.
I find PLUG properly situated to add to my position taking a trade of more shares long. I call it
buying a fall into support and buying a falling wedge set up for a breakout ( again).
Yesterday a successful put option scalp provided profit to redeploy here. I will roll over
options expiring February 16th into March 16th. The monthly call contracts have the narrower
spreads and better liquidity from volume.
QS rising into earnings has shown momentumon the 15- minute gaining 4.6% in the Monday trading. The chart shows price crossing through
the high volume area from underneath it on Tuesday Feb 6th the breaking out from the upper
boundary with a retest the following two mornings and then separation from the high volume
area after that. Trading volumes have been consistent and constant with spikes after the
morning opens. QS has some attention as both a technology stock and a green energy penny
stock. I see this long trade as having a potential to go 10-15% if it beats the earnings forecasts.
The dual time frame RSI indicator is used to pinpoint best entries especially if scalping or
options trading. The best entry is on a lower time frame 3-5 minutes and the green faster RSI
crossing over the slower red line and both being over the 50 level. Good luck to traders
that take this trade.
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.
PLUG - flagging at rest for continuation LONGPLUG on the 120 minute chart is resting on its trend up. Earnings are about 4 weeks ahead.
The uptrend has been solid. Two bull flag patterns are noted along the way. They follow
pops on the Relative Trend Index indicator also showing bullish buying volatility on the
Relative Volatility indicator. I see the rest ( consolidation) as a good point to add into my
ongoing long position for PLUG which recently got an upgrade and higher target by more than
one analyst. For a basic and simple trade, take the 3rd upper VWAP band at 6.35 as the target
the mean VWAP at 4 as the stop loss for a basic3:! R:r trade. For something better zoom into
a 15-30 minute time frame reset the anchored VWAP and fine tune.
PLUG 's momentum continuation LONGPLUG's momentum had a good move today. PLUG is moving in a descending channel. Today
other EV stocks including TSLA, LCID, NKLA, FSR had big moves. TSLA's was the smallest in
percentage but the biggest in market cap regain. PLUG is now at the 0.5 Fib
retracement level. The zero-lag MACD and dual TF RSI indicators are about to cross the zero
and 50 levels respectively. The predictive tool ( Echo by LuxAgo) predicts a move to
5.95 by mid-February. This is about 50%. With the 11% move today, PLUG could be getting
overextended but the algo does not suggest that. As with other penny stocks risks are high but
a return of 50% in three weeks would offset the risk. I will trade PLUG here using a stop-loss
of 3.55 below that black horizontal Fib level. My $3.5 options for 2/2 did 300% unrealized
today. In the next 2 days I will roll them forward into the 2/16 expiration $4.5 strikes.
PLU Power Price crushed by dilution announcement LONGOn the 15 minute chart, PLUG got a deserving bad haircut today on the dilution announcement.
Buying shares in a chas burning enterprise is risky business. However, the prospects of
a rescue with a federal grant from the Green Left initiative can come any time. Shares
are on sale. So are OTM call options expiring after the recovery if there is one. Price is
showing a glimmer of a bounce with upgoing MACD lines and the fast RSI line rising and crossing
over the slower one and heading to the 50 level. I will take a long trade when price
gets through the Ichimoku cloud at 3.15 with a stop just below the cloud. I may add to
it when price gets over the upper VWAP band situated at 3.5 which is confluent with
the 0.5 Fib retracement price value. As a penny stock, all can afford
stock or options. As to the options, the monthly in two days if only a prospect for those trading
options.in a day-trade or nearly day trade fashion, I will look at the February 16 expiring
options with a strike of $ 4.00 to $ 5.00 and take a bunch of them allowing for secondary
targets and taking partial profits.
PLUG rises on EV Sector strengthPLUG on the daily chart demonstrates a VWAP breakout having first trended down
into the lowermost VWAP bands from anchored VWAPs originating in November 2022
and January 2023. Fundamentally, PLUG is burning cash but less of it with each
succeeding earnings report. In the past two months price has ascended through a
couple of VWAP lines and has now crossed the mean VWAP in a sign of bullish momentum.
Price bounced up from the POC line of the volume profile in a demonstration of bullish
buying power and buyers defending that support level.
The dual RSI indicator shows that the 3-hour time frame RSI line in blue crossed over the
slower weekly time frame RSI line in black about June 28 and they are both above the
50 level is another bullish sign. On June 30, the zero-lag MACD had its lines descend to the
horizontal zero line and bounce upward over a positive histogram. The relative volume
indicator shows increasing overall volumes with the mean rising from 15M to 26M daily
overall. The presumption is that increasing volume supports price action while decreasing
volumes would cause price and volatility stagnation.
From this analysis, I conclude the time is right for a long-swing trade of PLUG. i will
zoom into a 15-30 minute time frame seeking a pivot low from which to enter using
a stop loss of 12.15 and targeting those upper aVWAP bands/lines.
NKLA round bottom reversalNKLA has reversed a trend down in the past week as it clear concerns with potentially being
delisted with NASDAQ. The symmetry in the trends is shown with an arc overlaid. This
brings to mind a cup and handle pattern in progress. It seems likely the NKLA will have
a bullish continuation from the good news of stability of its NASDAQ listing. Potential
buyers on the sidelines may take positions and generate momentum. I will trade a long
trade early in this upcoming shortened trading week. The longer-term anchored VWAP provides
support as so just under that will be the stop loss. The first target is 1.70 which was a
resistance level a few weeks ago.
PLUG rises out of retracement of previous uptrendPLUG on the 4H chart presents healthy price action. It uptrended for a month starting
in mid-May and then completed a 50% Fibonacci retracement from which it pivoted on
Tuesday, June 27th. The zero-lag MACD shows a classical cross of lines under the histogram
while the histogram was changing from negative to positive. Likewise, the RSI bottomed out
at 32 and ascended to 55. All things pointing toward a well-established reversal, I will
open a long trade here targeting the previous pivot high of 11.75 ( a tweezer top) on
June 14th. The stop loss is 9.8 at the level of the pivot highs of June 7th. The trade potentially
offers 15% profit in a week or two with minimal risk.
WKHS reverses in sync with NKLAWKHS is in similar circumstances as NKLA in the potential for a delisting due to low share
price. NKLA has been cleared and is a bit above $1.00 ( see my bullish bias idea)
Here WKHS is below $1.00 but is apparently reversing. On the 30 minute chart, price is rising
and is above various VWAPs anchored to the left at various points. The last trading day
saw a price rise of over 8% Relative volatility has changed from red to green and is above the
running average. The zero-lag MACD shows parallel lines rising above the histogram. The three
in one indicator shows that money flow, RSI movement and momentum are all bullish.
I see the setup as sufficient for potential profit given the risk. I will take a long trade here
selecting an exact entry on a lower time frame chart. The stop loss will be just below the VWAP
lines at $0.8335. ( A rising tide lifts all boats? - FSR FCEL PLUG AND NKLA are rising . so
are TSLA and Ford- I love the buoyancy !)
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 fuel cellFCEL targets posted
Quad bull div on weekly macd
bull div on RSI (weekly)
Broke out of trendline + backtest
Fading into FCEL bear flag.FuelCell Energy - 30d expiry - We look to Sell a break of 2.79 (stop at 3.01)
The primary trend remains bearish.
Price action is forming a bearish flag which has a bias to break to the downside.
A break of the recent low at 2.86 should result in a further move lower.
Our outlook is bearish.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 2.24 and 2.14
Resistance: 3.25 / 3.40 / 3.80
Support: 3.00 / 2.77 / 2.50
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
FCEL | LongNASDAQ:FCEL
I expect rejection to the buy area; if it hits 3.75$ as my bullish signal, I hope it beats my target prices.
Possible Scenario: Long
Evidence: Price Action
TP1: 4.03$
tp2:4.33$
Selling FCEL 50% pullback.FuelCell Energy - Intraday - We look to Sell at 4.33 (stop at 4.61)
Price action continued to range between key support & resistance (3.15 - 4.40) and we expect this to continue.
Daily signals are bearish.
Preferred trade is to sell into rallies.
Levels close to the 50% pullback level of 4.34 found sellers.
4.39 has been pivotal.
Our profit targets will be 3.61 and 3.21
Resistance: 3.80 / 4.00 / 4.40
Support: 3.25 / 3.15 / 3.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
FCEL - Breakout of descending wedgeI like the look at FCEL here.
It appears to have broken out of a descending wedge, retested the wedge trendline and appears primed to pump. It's also sat nicely on top of the 100MA which should provide support.
For this reason, I'm long here with a tight stop at $3.90.
I have a crazy-high target of $49 based on the falling wedge breakout, but in reality would be looking to sell in stages on the way up.
FCEL? More like FBUY!FuelCell Energy
Short Term
We look to Buy at 4.29 (stop at 3.84)
Previous resistance at 4.40 now becomes support. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Buying pressure dominated price action yesterday and we expect this to continue today.
Our profit targets will be 5.79 and 6.28
Resistance: 5.90 / 6.94 / 11.55
Support: 4.40 / 3.20 / 3.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Ascending triangle on dailyHey traders, Its been a rough bear market and I have finally got back in.
There was a huge $369 billion climate bill announcement last week, which gave the clean energy sector a boost. FCEL, PLUG and ICLN etf.
Jan 2023 has over 73000 calls, while there are 18000 puts in OI.
Happy trading!
Fuelling up for a bigger move? FuelCell Energy
Short Term
We look to Buy at 3.35 (stop at 3.04)
Previous support located at 3.35. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Buying pressure dominated price action yesterday and we expect this to continue today.
Our profit targets will be 4.24 and 4.68
Resistance: 4.30 / 4.76 / 6.94
Support: 3.20 / 3.00 / 2.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
FCEL TRADING OPPORTUNITYUpward channel, Great place to get some strangles either call debit spreads with the same on the put side to lower risk but cap gains.
I except fcel to test the 200 ema around $5 whithin the coming weeks.
Options play is a strangle/straddle best used with debit spreads.
Price targets - $5+ and $3- if it breaks the $3 dollar mark we would most likely see $2. if it breaks above the 200 ema we might have a break out to take us above $6
FuelCell to Break Lower? FuelCell Energy
Short Term - We look to Sell at 5.36 (stop at 5.86)
The primary trend remains bearish. A break of 5.50 is needed to confirm follow through negative momentum. Closed below the 50-day EMA. We look for losses to be extended today.
Our profit targets will be 3.69 and 3.12
Resistance: 7.00 / 8.00 / 11.50
Support: 5.50 / 3.50 / 2.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
FCEL: FuelCell Energy Inc, Shrot1- CCI 20 is below 0. (Bearish )
2- Beak down the resistance. ( little bearish )
3- The red line is below the White line of “ACL” (self-made indicator) .( super Bearish ) (ADL indicator)
4- "Multi analyzer" (self-made indicator) is downtrend and is -4 right now. ( bearish )
5- Close is below the red and white line ( Bearish )
6- Mid-term channel (LR of 9months) is ascending (Bearish )
7- Long-term trend is sideway (sideway )
8- In bottom half of Mid-term channel ( bearish )
9- around middle of channel ( little bearish )
Overly , Bears are stronger
Buying is not suggested right now, 2$ may be a fair price! We should talk about it later.
Buying is also suggested after breaking the resistance around 5.95$
Short
SL: 5.8
TP1 : 2
TP2: depend on the setup (I will clarify later)
Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically)
Fair Price to Intrinsic Value: 3.05
To summarize my fundamental opinion on this stock:
So bad ( a Super bearish)
In case of good stocks I prefer to be an investor not a trader, but trading with lower Trading with smaller amounts can increase the overall profitability without any unreasonable risk.
