FCEL 1/5/2022After a downtrend, price entered a distribution phase. Price broke down from support and pulled back in form of a bear flag. The bear flag has now also been broken.
There is also a Death cross indicating bear market conditions.
Entry: Pullback to 50ema or bottom of bear flag.
Stoploss: 6.05
Target: 3.25
FEY trade ideas
FCEL UpdateOverlay of previous drop from $10, compensated for higher book value from cash gained by dilution while accounting for the increase in shares.
They really should've diluted their stock even more, lol. Much like AMC, the stupid runup allowed the company to stay in business for a little longer. So not everything about the bubble was bad.
Here's a decent write up, I have no position in this any more.
seekingalpha.com
FCEL: FuelCell Energy Inc, Shrot1- CCI 20 is below 0. (Bearish )
2- Beak down the resistance. ( little bearish )
3- The red line is below the White line of “ACL” (self-made indicator) .( super Bearish ) (ADL indicator)
4- "Multi analyzer" (self-made indicator) is downtrend and is -4 right now. ( bearish )
5- Close is below the red and white line ( Bearish )
6- Mid-term channel (LR of 9months) is ascending (Bearish )
7- Long-term trend is sideway (sideway )
8- In bottom half of Mid-term channel ( bearish )
9- around middle of channel ( little bearish )
Overly , Bears are stronger
Buying is not suggested right now, 2$ 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.
FCEL pennantI shorted this garbage yesterday with a $5.20 gap fill target which was hit on open this morning. Now it looks like it broke upwards out of the pennant and headed to $5.5 - $5.65, at which point I'm betting it scrolls down to the downward target of $4.9.
A lot of other garbage stocks have similar patterns and it looks like $NDX has an inverted H&S pattern going
$FCEL FCEL is looking very bullish and looking for a continuation ( this analysis is for stock option plays). FCEL finished out the day yesterday with a hammer candlestick as well as the MACD curling to the upside. White lines are my breakout lines and yellow lines are my price targets…. Happy trading!
Learning from the Alchemist of financial markets "George Soros"“Consider the statement, ‘it is raining.’ That statement is true or false depending on whether it is, in fact, raining. Now consider the statement, ‘This is a revolutionary moment.’ That statement is reflexive, and its truth value depends on the impact it makes.” (George Soros)
What separates George Soros from the rookie traders who are gunning the market right now?
Soros knows how to manage a trade. He knows how to take profits and he isn't just going to sit and hope when the market turns.
That doesn't mean this is an easy game. The risk is high and so is the reward and if you are undisciplined or lazy you will pay a high price.
I wonder what would be the grade of this analysis if George Soros would score these 5 analyses???
A friendly recommendation:
Read George Soros Book The Alchemy of Finance if you have time..!
It will help you to know the difference between stages of a bubble!
Soros bubble theory:
1. At first, the market slides slowly upwards over time in a rational manner before the positive feedback loop accelerates the market
2. The market goes through a test where it drops significantly. If the positive feedback loop is sufficiently strong, the market will overcome the test and continue its climb. At this point, the market will start to disconnect from underlying fundamentals in a big way.
3. The market will continue its climb farther and farther away from the fundamentals. For an equity index, this may be represented by an increase in pricing multiples not warranted by probable future earnings growth.
4. At some point in time, the market will reach a twilight zone where more and more investors become skeptical and bearish. The disconnect between asset prices and fundamentals recognized by some investors will slow down the market appreciation rate.
5. At some point, for some reason, triggered by anything, the positive feedback loop will reverse and become a negative feedback loop. The negative feedback loop will quite swiftly develop into a frantic panic.
Best,
Moshkelgosha
Fuelcell Energy earnings missFuelcell Energy (FCEL) reported a Q4 October 2021 loss of $0.07 per share on revenue of $13.9 million. The consensus estimate was a loss of $0.02 per share on revenue of $21.9 million. Revenue fell 18.0% compared to the same quarter a year ago. FCEL share price is right back where it started last Q3. I reckon if you're a long-term investor, this is a good price to start a small position or add it to your watchlist.
EPS = -$.07
52 week H = $29.44
52 week L = $4.83
Price levels 4hr chart:
SMA200 = $7.33
SMA150 = $7.69
SMA100 =$8.22
SMA50 =$7.24
Trend channel 4hr chart:
breakout = $7.51
R3 = $7.20
R2 = $6.89
R1 = $6.57
pivot = $6.26
S1 = $5.95
S2 = $5.64
S3 = $5.32
breakdown = $5.01
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
FCEL BuyI'm looking at a second buy on FCEL with the potential for a nice gain. This is following my strategy requirements and it is also showing us some hidden bullish divergence also. Price has provided a nice discount and I'm looking to buy at market open. I will wait for a nice bullish candlestick pattern before confirming my entry into this trade. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade tomorrow.
Adam and Eve formation. Don’t trade this but looks good once I squinted my eyes.
-Bullish
-Adam Eve
Typically, the Adam is the narrow sharp knife and the Eve is the rounded curve as displayed.
Due to market sentiment, could be vary risky coming few days. Currently this is what I’m seeing.
“If plays out” the exit point would be the hight of the depth of the Eve going forward.
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
“Not a financial advice”
$FCEL | WEEKLY WATCHLIST 11/29Triple nested 1-2 setup sitting on falling wedge support. As long as $8.60 holds, I expect another leg higher to $14.59 by December 17th.
Yes, I am aware this is quite an aggressive prediction, however I'm using past data with how FCEL likes to behave indicated with the red/green boxes.