$BLDPDid a great turn at the white trendline. Had to jump in. If further entry points show up, I will scale into it.
BLDP trade ideas
$BLDP Target 36.71 for 22.29% Or next add level is at 23.33$BLDP Target 36.71 for 22.29%
Or next add level is at 23.33
I did not add here today... Just charting and Targeting
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
BLDP, POTENTIAL REVERSAL?Hello fellow traders and investors, here's another trade idea.
BLDP has recently pulled back to the previous consolidation area, if BLDP makes a recovery it offers around an 85% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI is oversold
When To Buy:
When EMA's crossover (On the 1Day timeframe)
When To Sell:
I recommend selling at its previous high offering around a 85% ROI.
Fundamentals: Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products for a variety of applications. It focuses on power product markets of heavy-duty motive, portable power, material handling, and backup power, as well as the delivery of technology solutions. Their goal is to become the leading global provider of clean energy solutions offering superior performance at a reduced cost. There are still some challenges with hydrogen fuel however I think that these companies will manage to keep this a safe alternative. BLDP has a debt/equity of 0.02, sales growth Q/Q of -32%, EPS growth Q/Q of -28%, an ROI of -4%, short float of 5% and a very high volatility.
Rating: 20/100 the technicals are decent but the fundamentals aren't great however BLDP is a company that is operating in an industry that is just getting started and when they finally figure out how to use this alternate energy source in a safe way then I will feel more comfortable investing in hydrogen fuel stocks but for now it seems too risky for me however if it meets your criteria feel free to add it to your watchlist.
NOTE: It has already formed a double bottom so that could act as a support.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
$BLDP Target 36.71 for 22.29% $BLDP Target 36.71 for 22.29%
Or next add at 23.33
I am not your financial advisor. My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk.
GL
BLDP - Same chart in Candles showing reverse supportBLDP - Same chart in Candles charting showing reverse support with a cross setup. hitting the 50 MA and --- Fibonacci to the 0.50 line
KEY: 50-day moving average
Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you should think long. Stock price meets the 50-day SMA as resistance and bounces downwards, you should think short.
___________________________________
Disclaimer:
These are just opinions and current thoughts, which may change. Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts of patterns seen in the markets. Thank you.
BLDP - has come down -- but into support area now...BUY?Possible support here at the 50 MA
and the 0.5 FIB line. as additional support.
Possible reverse soon...
The average price target is C$48.60 with a high forecast of C$53.31
The average price target represents a 25.77% increase from the last price of C$38.64.
7 Analyst Ratings giving it:
3 Buy
4 Hold
LARGE institutions just bought more $7.2 Million today. Feb 18th
KEY: 50-day moving average
Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you should think long. Stock price meets the 50-day SMA as resistance and bounces downwards, you should think short.
___________________________________
Disclaimer:
These are just opinions and current thoughts, which may change. Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts of patterns seen in the markets. Thank you.
$BLDP SENDtarget $48. big money moving into bldp calls. follow the money. countertrade me please. Few will understand. SEND IT
BLDP - great run...does it have more VOLUME in it to run?We are at the end of the week. Nice run.
Next week will be interesting to see... AS IT NEEDS TO CONTINUE ABOVE BREAKING THIS TOP CHANNEL or will reverse... Volume seems to be diminishing at this point in time. MAY LOSE momentum
and possible reverse to bottom of channel as seen. If we get a big push from the DOW upward, it may pull stocks and the markets higher from enthusiam, but the death tolls (Caronavirus keep climbing) and with that may bring pessimism in the markets to give back a bit.
VOLUME oscillator DIMINISHING FOR NOW.
It is labelled a MODERATE BUY at this point. with analysts target set at C$47.26 (3.94% Upside for now).
7 Analysts SAY: 4 BUY 3 HOLD
Again, It may have run out of stream (volume wise for now).... it appears. We shall see next week for the interest it may have on Monday.
Ranked Smart Score of 6 out of 10.
They are at the forefront of the renewable energy space with their products. Hydrogen is part of the renewable space. It is volatile because of time of sale and adoptability of products. The space is growing however. Under a Biden presidency, we would expect more investment here. It will probably be a long time horizon however IMO.
If you like Tesla, you've got to like Ballard. A Polarizing stock. It's been around since 1994, and it's lost money in every one of those years, with losses mounting since 2018. Even with electrification, not projected to make money anytime soon. This is the Only Caution with this stock. Great Interest but needs to make money eventually!!
Disclaimer:
These are just my opinions and current thoughts. Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
$BLDP Bullish Set up See daily inside bar w take profit boxes, by box #3 0r 3-1 rr stop should be to break even
Overbought, huge volume selling today, down to $29.5Short BLDP, Overbought, huge volume selling today, down to $29.5, the chart tells me that.
Best
Long | BLDPNASDAQ:BLDP
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%
BLDP (Potential Pullback)BLDP (Overall Bullish)
22 Minute Chart :
Above 36.84 TGT 37.80-38/38.5/39.34
Below 36.90 TGT 35.54/34.55
BLDP is looking for a potential pullback to the previous resistance near 34.70 and trendline on the 22 minute chart before pushing higher
BLDP - Fuel cells blasting off$PLUG got massive funding from a Korean firm.
Democrats got the Blue Wave.
Biden will be the president.
Watch this sector multiday rally
BLPD on watchBLPD has just reclaimed the 618 RT. The 618 should now provide support. If price can hold that level the 786 and 886 become magnets for price.
Entries can be above the box for a breakout play. If price pulls back from the box before breaking out again I will look for pull back entry from the lower targets
A close below the box is my stop on a breakout. Stops on a pull back entry would be below the most recent pivot low. Best if price can hold above the 618 and the trendline.
li Additional Info:
I am an intraday scalper and short term swing trader of stocks & Futures using options and equity.
I focus on high volume momentum stocks in strong uptrends.
My time frame is between 5minutes to 5 days on most trades.
I scale into positions and scale out of positions as my targets are hit.
I always trail my stops after T1 is hit to reduce risk and lock in gains.
If my post is on a Weekly/Daily/240M chart the idea is a swing trade.
If my post is on a 60M chart or lower the idea is a day trade.
Day trades can turn into swing trades if the stock is strong.
All trades should be supported by market direction.
Treat my posts as trade ideas and not signals.
Traders must trade using their own back tested trade plan and rules.
Traders must plan risk first and profits second.
Happy Trading!ne I have drawn.
Ballard Power Systems - triangle break out - target +45%While everybody is very excited about the performance of NASDAQ:FCEL , have a look at the chart of NASDAQ:BLDP ; triangle break out (uptrend continuation), target is about 35 (+45%)
New high, cup dans handle confirmThe cup and handle partern complete
New high with good volume
Actual price: 28.29$
Stop limit: 26.67$(-1,62$)
Target 33.15$(+4.86$)
rewark/risk ratio = 3x
BLDPThe security formed and broke through the accumulation triangle, after which it came to the level of historical highs, tested it and seems to be going to break it up. A good point for a short-term trade or for a medium-term investment entry into this promising security. The goals of the trade are indicated on the screenshot.
