1FEY2 trade ideas
FCEL "Handle" still shaking out: STILL QUITE LONG HERE!$FCEL has sideways corrected, but it has been up 7 of the last 10 trading days, establishing a daily high last week 24.5-7.
This handle is taking longer to break, which is overall ACTUALLY VERY GOOD: The move upwards will be ready when it is; and to that point - Precise timing is nearly impossible w/ VIX as it is right now.
Some might be losing patience here, but that will be a costly mistake. The overall trend is still bullish and this is now on the 5th day of its handle formation-- THAT IS NOT THAT LONG A PERIOD. Breathe.
FCELLLLLY!
-BDR
See related idea w/ the trade channel and targets outlined!
$FCEL to $38 if it breaks previous highs from 2019$FCEL has already reached previous highs from 2019 at $23. If it stays in its current channel, it may start reaching for the 1618 fib, bringing it to $38 for a 62% gain. BUT, within that channel it may be forming a rising wedge which would cause a reversal and hopefully only retrace to the 786 at $18.60.
When will $FCEL re-test 24.5 mark?Bullish flag seen; upward trend: Previous high at 24.5 to be recaptured...WHEN?
$FCEL is up 3+% on the day. It remains to be seen if it can return to the high it had last week 24.5-24.7 range.
-BDR
See attached idea Re: A moonish channel that was *not* realized. We wind up again.
FCELExited this position at 44% increase. Market looked frothy and seemed like the Biden win was packed into a lot of the renewable stocks.
Don't even know why I entered except it looked good (can't remember technically or fundamentally) compared to others in the space. I guess that's not a good trading plan LOL! But in this market, I got lucky. I will continue watching this one and will consider re-entry based on sound trading rules.
Can $FCEL Extend Moon-ish Channel? LONG!The 24.5 target was initially reached a little bit ago but there's been a bit of pullback since. The long is going to be adjusted to a new, longer, target - and soon. We'll go into that more when the market closes today. There is very strong support at the top of the channel's resistance which has us thinking the long can be significantly longer. To that point, a long call was taken.
FCELLLLLY.
-BDR
FCEL Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$FCEL - FuelCell Energy, Inc. - Common Stock
Initial Alert Price: $8.51
Price High: $24.2
% Gains/Losses: 184.37%
(+151% More Than Expected)
Potential Stop Loss: $22.99
FCEL hit $24.20 providing a 184.37% Profit Gain on our initial trade alert from Nov. 25th, 2020. We released a Trade Review on the stock yesterday after it reached $22.72 and we decided to keep this alert opened as we have faith that it will continue moving even higher due to Biden announcing that he will be replacing all Gov't Federal Vehicles with new Electric Vehicles over the course of his presidency to assist in government spending in that sector. We currently do not have a price target set specifically for this trade as growth now seems to be exponential. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
No Pullback from $FCEL: 24.5 Target Remains The FixtureFuelcell is rising high in Wed.'s early trading, with the 24.5 immediate take-profit point still looking at least somewhat CONSERVATIVE: $FCEL may be readjusted with some later secondary sell-points in the near future. Keep an eye today. Any pullback near 20/s indicates a pretty good point to take a bigger entry, but it may not retrace those regions to be clear.
--BDR
FCEL PT $25 Despite Shitty EarningsRight now the market is fueled off hype and momentum. It's clear now volume and demand will drive up any stock regardless of the fundamentals. This is especially true for clean energy and EV stocks. People just hear clean and green and think that shit is the future. It sorta is but not all companies are successful, they need revenue. The stock market is probably the furthest from reality it has ever been in a while. Looking at Crypto too, MARA & RIOT had an insane runup, but I didn't touch RIOT past $10 with a 10ft pole cuz it's a fucking mall kiosk.
Anyway, first time using Fibs for price targets. FCEL has some nice wedges or triangles, with crossovers and inflections on most time frames for the MACD. Every triangle/wedge, FCEL hit the next blue Fib level.
It's not a coincidence that the color for renewable energies is green. You're literally investing on the future of the planet and humanity, how do you go wrong with that.
FUELCELL ENERGY Post DailyHello traders, FUELCELL ENERGY is in a bullish configuration with low traded buy volume and marubozu accompanied by leg. Looking at the TIMEFRAME M1 we see a water-holder candle with a large negotiated sales volume, it has come to bounce on the comfort zone to test it. And starting on the highest of the bollinger there is a great chance of breaking out the price afterwards coming on the last previous higher. To fill a bearish breakout gap and land on the low of the candle.
We can see resistance in the (View of TIMEFRAME H4) with a possible excess (on TIMEFRAME H1) to land on the panic front. And join the last point (on the MULTI TIMEFRAME), No buying force to test the intermediate median of ANDREWS PITCHFORK.
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