1FEY2 trade ideas
Bullish 3 rising valleys IMO: price is consolidating as individuals are taking profit from the recent breakout therefore I do see the bears will run out of steam. The trend is bullish as indicated yet with the increase in retail investors I would be careful have a stop loss ready.
Breakout to the a new high is something I look forward to in 21' around the ~$18.30
Disclaimer: Not financial advice trade wisely and do your own due diligence please!
FCEL Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$FCEL - FuelCell Energy, Inc. - Common Stock
Initial Alert Price: $8.51
Price High: $13.90
% Gains/Losses: 63.34%
(+30.34% More Than Expected)
Potential Stop Loss: $13.21
FCEL hit $13.90 on Dec. 23th after Congress passed the COVID-19 Relief Bill which consisted of provisions for clean energy, such as tax extensions. The stock consolidated and found support on the $12.04 Levels. We're currently monitoring this moving forward and keeping the Trade Alert active while we determine how far consolidation continues. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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Symmetrical Triangle BreakoutBroke out of symmetrical triangle on 22 Dec.
Bought some at 10.045.
TP1: 13.9 based on height of triangle
Looking to retest the 11.40 level (previous resistance turned support) before buying in.
TP2: 14.40 based on previous resistance
TP3: 17.48 based on previous resistance
a little fib plus used "the strat" for the entry. thanks to @bullishcharts for the ticker. missed the first move. waited to the retracement. and a good candle via the strat for entry and tight stop loss. for high reward low risk to 27 extention price target. i see the same setup in fubo. i will post now . since this one is in the past.
FCEL looking good!On December 10th we noted the GoNoGo Squeeze that had formed on FCEL, and that we should watch to see if the GoNoGo Oscillator can break out of the squeeze by rallying off zero into positive territory. We have seen that happen this week, on both the daily and the 4hr chart (seen here). As is often the case, after a period of low volatility (depicted by the GoNoGo Squeeze), the price move can be significant.
We are looking now to see if price can consolidate at these levels and forge ahead to more gains.