This Has Spike Written All Over ItI have been jumping in an out of this one all week (made some nice change too lol). This really has momentum for next week. It will either spike Monday, or there is a dip and hold play. Either way, I'm long.
1FEY2 trade ideas
Fuelcell Building for a breakout FuelCell Energy, Inc. engages in the provision of contract research and development. Its products include suresource 1500, suresource 3000, and suresource 4000. The company was founded in 1969 and is headquartered in Danbury, CT.
minor adjustment on abcde patternminor adjustment on abcde pattern. the "e" may be a pivot point to the opposite direction, coincides with upper channel resistance.
Strong horizontal support for FCELA potential of ~17% in case of increasing price as indicated with the arrow. There is a strong support level, which leads to a comparable low risk.
Entry level $2.01-2.07 / Target price $2.41 / Stop loss $1.94
Indicators are recovering from oversold conditions. Delay of ER was followed by a loss of ~7.6%. The strong horizontal support (green line) held again.
Expectations are uncertain after delay of ER, so that any positive news could result in a great rally.
$FCEL waveA-B-C correction with wave B forming a-b-c-d-e , projection to wave C to complete the correction which would be a retracement to about 0.618 of prior run-up. a very healthy formation.
Fuelcell Energy possible wave countLooks like its got more room to run higher.
Indicators have worked of overbought conditions and can now move higher.
Huge momentum behind the stock but we aware that profit taking could hit it heavily.
$FCEL Jan 2020a buy opportunity presnts itself based on channel projection. when price action reaches bottom of channel a buy point is possible pending other confirmation tools.
A speculative betThis one I'm mainly posting for myself to keep a record in the space time continuum of a trade I've already made. Basically, a challenge for myself...
I see lots of chatter about the astronomic rise in FCEL over the past couple months as "overbought".
Those that have been following my work will know that I am currently mostly a bear, but I decided to be contrarian on this single stock and put in a bet for continued gravity defying upside movement.
My decision is primarily based on the chart pattern which looks to be breaking up with incredible strength. Yes, the daily degree looks overbought. Yet... FCEL is moving at lightning speed and has already retraced to the 0.5 fibonacci since the recent peak... and the weekly RSI still has tons of room to run. As earnings is approaching, I am basically betting that something huge will be announced that will begin this stock's rise to the moon, not only over the next several weeks, but for the years to come...
Wish me good luck! As this is extremely speculative, I recommend following only with small play money.
$FCEL Requires Massive Consolidation Take Profits to $INPX$FCEL Had an epic run recently, the company has upcoming news however if I had to place my bet I would take profits and move it to $INPX for the time being as that one still has some major pump left in it.
Caution in FuelcellIf your late to the party, don't be greedy, our previous target has been hit and surpassed. "Register is rang"
$FCEL Fuelcell Energy TargetsWhat a move for Fuelcell in the past week but it is now way overbought and approaching some heavy horizontal and Fibonacci resistance, difficult to see how this can continue without some level of a pullback. Hopefully followers have followed the trade a made some nice $$$$.
This stock will remain on the watchlist as there could be considerable upside but agility needed to be trading this ticker.
Missed FCEL; Knew All About It..Information Overload Is.......your biggest enemy.
Saw they cancelled that Shareholder Meeting, which clearly indicated that they thought they could get the share price back above $1.00..
Also, from my spamming endeavors, I noticed that I would get a tremendous amount of views; significantly more than you'd expect. Hot sector too, with some heavy hitters involved. Plus they have that excellent trade name: Fuel Cell. You can't beat that. Very trendy, and sentiment is strong... Still fresh, unlike NBEV. It's looking like she's washed up at this point; been used and abused for far too long, so she'll never treat you the same. The first few loves are always the best, but after that, it's never as good as it was in the beginning.
$FCEL High risk trade in Fuelcell Energy Entry level $1.15 = Target price $150 = Stop loss $1.05
Bullish move above MA200.
Bullish volume.
High call options traded.
Fuelcell Energy breakout imminent FuelCell Energy, Inc. engages in the provision of contract research and development. Its products include suresource 1500, suresource 3000, and suresource 4000. The company was founded in 1969 and is headquartered in Danbury, CT.
short interest 10.7%
See a downward pattern hereQuite frankly this is moving down due to Reverse Split fears, however it is timed quite perfectly for a bounce back at the end of the week, we shall see.
FCEL still coilingNo position, just watching. Not sure if this rally has another leg or if it's going to do a slow decay, like the previous pumps. Other alternative energy companies like BLDP are also coiling, along with the entire market (every index - see my other posts).
Lots of pennants out there this week...
$FCEL wave 1 of 3rd revised An AlternativeAlternative first wave of 3rd to start of Mr. Fes bonus. H&S
