0A60 trade ideas
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!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Fourth Wave of FuelCell Consolidation: THE Major Breakout? LONG!The three periods of consolidation have been outlined and $FCEL appears to be entering the fourth wave. Note the general upward trend of the first three. This one could be the one that leads to its massive breakout. This current period of consolidation could be the longest-lasting, requiring a tiny bit of patience, but due to that, it also could be the big boy that provides the LONG opp that was already discussed last week.
Happy Trading!
-BDR
FCEL: Ascending TriangleAscending Triangle
Descending Volume
200MA pointing up
Positive ATR
PPS above 50MA and 200MA
High R/R ratio
Cons
250RSI below 50, but climbing
If confirmed:
PT1 = 3.44
PT2 = 4.42
PT3 = 5.22
PT4 = 5.84
PT5 = 5.91
$FCEL STILL a strong entry Point: Quiet Play of Week Though I entered FCEL Positions on Monday, I stayed quiet for a little bit about it. The consolidation led to the thought a BULL RUN was coming, and the past two-weeks really have been just that. The entire natural energy sector has had a great overall past month, rallying on days the S&P is down - and even on days the NASDAQ itself does. FCEL is a crazy corrective wave to chart the potential of, really, and it is not too late to enter - though a wait on a slight retest isn't a horrible consideration necessarily.
The 3.75-4.00 range should ultimately be realized pretty easily here (probably before the end of 4th Q if not even FAR SOONER)... but beyond that (in terms of a possible annual high as mentioned w/ other Natural energy pet $SPWR), it's tough to call the ultimate upside.
I probably should have called this when I entered @ 2.8 per share, but I wanted to wait a bit for some stronger confirmation. And well, it's not too late to enter, though this cat has been out of the bag all week if anyone's paid attention.
FCEL! Cup and Handle FCEL
Market: Stock
Assest: CBOE
Current Price: 3.04
Exchange: ETRADE
Signal Type: Long!
Pattern: Cup and Handle
Divergence: Bullish
My Entry Zone: 2.08 - 2.70
Take-Profit Target:
1) 3.46
2) 3.97
3) 4.41
4) 5.33
My Stop Target:
1) 1.43
Risk: Low
Reward: High
Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.
$FCEL Fuelcell 45 % potential upside
Very bullish setup in FCEL.
Volume spiked
Indicators bullish reversal
possible inverse H&S
$FCEL stock to watch : good day but resistance herefor sure in watch list, it's a good day for FUEL CELL stocks , we could have resistance here but trendfollowing continues
$FCEL 25% upside Trade In Fuelcell
Possible long entry above $2.72
Target price $3,40
RSI has bottomed and reversed bullishly.
Stochastic reversed and historically a good buy
signal on that crossing. See Blue lines for guidance.
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Breakout after TTM squeezeBreakout after consolidation
Candlestick pattern & volume confirms a breakout
First target 2.9
Second Target 3.4
Trailing stop loss of 2ATR advised
FCEL full detailed video analysisi use a mess of elliot wave and fibonacci retracements and extensions to build a possible road map on this asset. i am bullish short term but we do have some waiting to do until this reaches our buy zones so just be patient and set those alerts because this one show some signs of the potential for 400 percent profitability but with great reward there comes some risk as well. we can only use sound technical analysis and indicators along with a good laddering strategy to protect ourselves from unnecessary risk.
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thank you for your valuable time!
good luck and happy trading guys and gals.
Rigo
FCEL LongIt looks like we're rotating penny stock pumps. FCEL looks primed for the next scam pump up following HTZ, LK, etc. Currently very long with June 19th expiry.
DO NOT FORGET TO ADD THIS STOCK IN YOUR PORTFOLIODO NOT FORGET TO ADD THIS STOCK IN YOUR PORTFOLIO,SHORT TERM TARGET IS TGT 1.ABOVE THAT HOLD HOLD HOLD IT GONNA FLY........
FuelCell Energy, Inc Upside Targets FuelCell Energy, Inc. engages in the provision of fuel cell power plant production and research. Its products include suresource 1500, suresource 3000, and suresource 4000. The company was founded in 1969 and is headquartered in Danbury, CT.
FCEL major breakout before earnings; could hit ~$5?After tapping against resistance four times, today we have a clear breakout above the $2.85 level. PLUG has been plugging along as well so there seems to be renewed energy (pun intended) propelling these names higher. Looks like 4.5-5.0 could be trouble. Speculative trade.
Breakout here seems to be textbook ascending triangle pattern, which also projects to this 4.5-5.0 level.
