$FCEL PT 17 and higher Calls 16 Dec 18th 2020 Return +500% FuelCell 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.
1FEY2 trade ideas
$FCEL FuelCell Energy, Inc. $9.00 Target FuelCell Energy, Inc. develops environmentally responsible distributed baseload power solutions through proprietary molten-carbonate fuel cell technology. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant. The firm's fuel cell solution is an alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. It provides solutions for various applications, including utility-scale distributed generation, on-site power generation, combined heat and power, distributed hydrogen, carbon capture and hydrogen-based long duration storage. The Company's platform has the differentiating ability to do all these applications utilizing multiple sources of fuel including natural gas, renewable biogas, propane among others sources. The company was founded in 1969 and is headquartered in Danbury, CT.
FCEL: Trading near a Key Point!Hello traders and investors! Let’s take a look at FCEL today! This one is quite popular now, and it dropped a lot today. So, let’s see what’s going on here.
First, in the hourly chart FCEL just did what several other stocks and indices are doing today: Reached a previous support level . In this case, the purple line at $ 6.59 is the most important support to keep in mind here . If FCEL loses this support it could seek for the green line at $ 5.00, or even the $ 3.45.
But keep in mind that support levels are buy zones, as the Risk/Reward ratio improves dramatically near these levels.
Now, let’s look the daily chart:
Yes, it is dropping 16% right now, but we have a bullish candlestick in a support area, which is a good sign. I would be happier if FCEL hits the 21 ema, but we can’t count on that.
The volume is very high, and since it peaked (along with the price) on Nov 24, it is decreasing a little. This tells me that what we have here is just an exhaustion, rather than a real sell-off , and this means that this is just a pullback, not a reversal sign.
Usually, pullbacks are opportunities to buy, and if FCEL continues behaving this way, it’ll be a great sign for the stock. And if you liked this analysis, remember to follow me to keep in touch with my daily updates, and please, support this idea!
Thank you very much. Stay safe.
FCEL - Could it be a multibagger?FCEL was on a long term downtrend before hitting bottom in May 2019. It began to form a base for the next 1.5 yrs before propelling out of this base @ 4.00 on high volume and more than doubled in just 2 weeks.
It may appear expensive after having moved 150% in just 2 weeks. However the bigger picture is still looking like an early bull yet. I have to caution though that been a penny stock, it can be extremely volatile for a while (20% wild swing is plausible), hence trade/accumulate with with caution!
Lots of resistences on the way up too, hence could take a while to cross these hurdles.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
$FCEL - unstoppable at the momentThe trend is your friend.
Sell options to cover the cost of entering, let the others ride.
Set stop loss and increase the stop loss safely as this continues to climb. Be sure the stop loss has room for false break downs, meant to stop you out.
I keep thinking this one is doomed for a massive pull back, but until that happens, playing the safe game.
FCEL 11/23/2020FCEL still has alot of room to grow don't be greedy and find long positions during pullback.
We opened a long last Friday at $5.50 before market closed
11/23/2020 FCEL had a strong opening breaking out of the $6 range rallying to $8.40 before seeing a reversal
$7.39 on the moving average held as support
FCEL showing strong rejection at $8.60
Once FCEL break's out of $8.60 we can see a big move towards $10
ULTIMATE MOON | FuelCell Breakout??HUGE PLAY COMING. Massive, massive downtrend over the previous years. I will be entering the breakout with several options calling high strikes.... Meaning if we breakout past $3, bulls will engage and we moon.
Easy Loot | DotcomJack
Always do your own research before investing, this isn't a game.
Redfin signal below had a similar play.