0A4L trade ideas
a couple outcomes as always friends :)a couple outcomes here, like with most charts! :) we can expect a dip entry around 27 if top resistance keeps it from breakout out to new highs, but... if it actually breaks out with big buying volume and we 45-50! goodluck either way trades, lets get that bag next week!
BEInvestment position in accumulation and retention from 1 year. The energy sector is one of the drivers of the coming decade. The paper went public in August 2018 and underwent the usual correction for such cases. After that, having reached a minimum in October 2019, the price of $ 2.45 began to rise, and since then has grown by an impressive 1350% and reached an all-time high of $ 38. The growth of the paper was accompanied by the formation of many patterns of the continuation of the growing, which gives confidence that the paper tends to follow the patterns being formed, and not break them. Today, the security is corrected to $ 37, the resistance level is tested, after which the security is expected to move as indicated by the lilac arrow (see the upper yellow circle) to the level of $ 72, an increase of 93%. Trading without stops - it is not needed here. There is a likelihood of the security going into a deep retest of the resistance level with the formation of the C&H pattern, but this does not cancel the indicated growth targets. There is a well-traded option board with IV = 100%, which makes it possible to increase income by using option instruments - selling puts, credit spreads on puts. Buying calls in this case is not profitable due to the high IV.
BE, RSI Indicator left the overbought zone on January 07, 2021This is a signal that BE's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked back and found 21 similar cases where BE's RSI Indicator left the overbought zone, and in 19 of them led to a successful outcome. Odds of Success: 90%. Current price $35.08 is above $26.33 the highest resistance line found by Tickeron A.I. Throughout the month of 12/04/20 - 01/07/21, the price experienced a +20% Uptrend. During the week of 12/30/20 - 01/07/21, the stock enjoyed a +18% Uptrend growth.
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Indicator may be shifting from an upward trend to a downward trend. Tickeron A.I. detected that in 23 of 26 cases where BE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 88%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BE declined for three days, the price rose further, Tickeron A.I. shows that in 50 of 62 cases within the following month. The odds of a continued downward trend are 83%.
BE broke above its upper Bollinger Band on January 07, 2021. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
$BE Ascending triangle breakout!Just follow the common-sense rules. Safe to add to the position if we see an increase in volume. The move should last for some time in that case
BE rally. Cramer approveHad a big Double bottom break out today with the alt energy sector but pulled back with the riot BS. Got stamped with FCEL and PLUG on Cramer. resistance is at 31.15 but if aftermarket gains hold it should blow pass it with the first fib target(Green line) at 36.50.
RSI has room and MFI is great
Possible drop Head and shoulders suggesting a drop could come among breaking the $24 support. Will be watching for a buy around the 18.50 mark if support is evident. Will provide more info if we get to this point.
open position #BE on test of support level The open position of #BE on a test of support level, 300 Shares -25$, without stop loss! potential 34 $ (30%)
Back to the Channel for Bloom EnergyWith a Parabolic increase too quickly, expecting it to go back to the channel.
Fibonacci retracements:
Short Term: 22.87
Middle Term: 18+
The MACD should change soon.
Short term expected retracement. Good time to buy some Bloom at those levels?
I am a new trend analyst. Appreciate any pointers, you may have :) Thanks everyone!
BE momentumBearish Engulfing candle denied, and consolidated before making a run. Looking for momentum and continuation of 3 knights.
Calls 12/18 30C. For a swing.
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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.
BE Bloom Energy Corporation - Observe carefullyThis analysis is backed on Wyckoff ideas, technical analysis and overall market behavior.
BE is performing well since March 18th and 19th, it bounced over 2.94 both days, and since then it has been running up until July 16th. This day demand hit a wall, and that was reflected on the volume bar, which is one of the greatest volumes since January; this means that the stock got lateralised between the 19.50 to 11.69 (both rectangles). This represents an accumulation that has extended in time until October 6th , this day price "jumped over the creek" with a great volume that reflects demand supporting the movement. And until now it has been running up a few days, but with low volume , which means that the uptrend is going to go down (there's no one supporting the movement).
With all this past information, we can set out two thesis.
A) Prices will go down to the 19.45 area and pullback.
B) Prices will stop dropping down in the 21.69 area and pullback (a month support).
If no one of the thesis take place, prices would drop even further and we will have to look for a new support (mainly the gray lines which are monthly and weekly supports) But if not, we hope to see in the next few days a pullback to (19.45 or 21.69) in order to maintain the trend until prices hit a new resistance (which could be the 26.73 area, a month support)
This is just a global overview of the last days of BE. But all the most important info is in the chart.
Regards and have a great trade.
BLOOM ENERGY STAR STEPLT
HHHL + Y1<Y2 + POWER UP
W&R SUCCESS
STAR STEP
ST
LHHL = sideway
no direction yet
TP @ 21.87
SL @ 13.43
