Ballard Power Systems possible Cup and Handle breakoutNASDAQ:BLDP Ballard Power Systems Inc. is a Canadian fuel cell manufacturer based in Burnaby near Vancouver, British Columbia. According to the Handelsblatt, Ballard Power Systems is the global market leader in the fuel cell industry. The Strategy: From a chart technical point of view, it would be desirable for the price to cool down and correct itself somewhat after the run of the last weeks. With such a course reset, the handle of the "Cup and Handle" would be able to form. With or without this preceding correction, a new pro-cyclical buy-signal is generated when Ballard convincingly rises above USD 15 on a daily closing basis. In this case a new projection target would be activated at USD 19.61. The Fundamentals: Ballard supplies fuel cells for buses of the Belgian manufacturer Van Hool and the Polish manufacturer Solaris, among others, and is also planning to use them in trains of the Mireo series from Siemens starting in 2021. At the end of 2019 Ballard received an order for fuel cells for use in large dump trucks from the mining company Anglo American. At Ballard Power Systems Europe, based in Hobro (Denmark), fuel cells are developed and produced for use in ships. Together with Audi, Ballard is developing fuel cells for cars. The development partnership is contractually agreed at least until 2022. In addition to drives for vehicles, fuel cell systems are manufactured for installation in standard 19-inch housings as an alternative to conventional technologies such as batteries or generators, with the aim of implementing uninterruptible power supplies (UPS) and emergency power generators. In January 2020 Ballard announced that it will supply systems for emergency power supply of mobile phone base stations in Germany in cooperation with the companies AdKor and SFC Energy. Ballard is supplying 500 fuel cell stacks in a first tranche. In Norway, a system for mobile phone base stations has been installed since 2019, which ensures a network-independent power supply for up to 72 hours. In addition, fuel cell systems for drones are being tested, which, compared with pure battery operation, should allow significantly longer operating times with little dependence on the outside temperature. Longby Risc1911Updated 116
BLDP LONG IDEAWith BLDP price above the supporting moving averages I believe the price continues to trend higher. BLDP I'll take this trade.Longby bhoweUpdated 226
Ballard Power SystemsPotential Profit: ~27%(Previous high before CoVid-19) Resistance: $14.72 Support at $9.40 It is currently trading above the 180 day SMA line which indicates an uptrend movement. It has been on an uptrend but the last few weeks has been consolidating. Potential Entry Point would be: closer to the SMA line RSI:~32 MACD: Going DOWN in the 1 month time frame. VWAP Action: It tends to go down to the lower vwap to bounce off of it. *To be safe enter closer to the SMA line.Longby TheTrader20202
BLDP Breaks Out BLDP put together a tight, low volume consolidation over the last few weeks of trading. Finally today it ripped higher on big volume. It closed near the highs of the day as well, helping to put the cherry on top of a beautiful breakout. This has the look of a potential big winner. Pay attention to this one.Longby mroberts12044
Ballard looking to make a big moveAll eyes on Ballard. Been watch this for awhile now. Let’s play the break out when it happens. Let sit and wait for our entry. by derekh42447
Publishing my ideal long buy based off current price action-BLDPTSX:BLDP So basically this weekly chart is just an ideal long setup for me. All support and resistance is drawn form past price action. The %50 fib retracement also lines up nicely with my plotted lines. $12.00 is also an area I would take a long at depending on intraday price action. Shortby kavosUpdated 446
Ballard Power - 15.90% quick profitRenko chart formed uptrend which is confirmed by the trending line. Also Renko above the MAs which are looking upward. Trend is your friend! Buy: 9.50€ Sell: 11€ SL: 8.90€ Longby Saiyajin4
BALLARD POWER --- reaching 618 Fib levelsBALLARD POWER --- reaching 618 Fib levels.... we shall see where this goes but it has retracted uite a bit now... from the highs. IMO. ___________________________________ Disclaimer: 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. by eziolisi_Investments2
BLDP Breakout OutBLDP looks like it is breaking out. A stop at the recent low of $10.36 should keep you out of harms way and only risks 5.5%. Longby mroberts1204113
Update on BLDPDespite some bullish divergence, it looks more like BLDP will consolidate around this level until earnings. Only some strong fundamentals will be able to send push it past the previous high.by WBG205
Potential bottom on BLDP's sell offWould like to see some consolidation at the current level, BLDP was super volatile during its last run but posted massive gains. BLDP is already up to $9.72 pre market so the volatility continues. Watching this one.Longby WBG207
BLDP Long IdeaGoing Long on BLDP. Earnings are behind them, hit exactly on the guidance. Pushing to a new high looks good above the moving averages. Rest of the sector moving higher.Longby bhoweUpdated 6
Hydrogen - the technology of the futureToday I would like to present three companies which in my opinion will significantly increase in market value in the next 5-10 years. I estimate a multiplication in the range x10-x20 1.) Ballard Power / ATH 144 USD / Current price 4.2 USD / near long term triangle breakout 2.) ITM Power / ATH 354 GBP / Current price 38.5 GBP / near long term triangle breakout 3.) NEL ASA / ATH 9.7 NWK / Current price 7 NWK / in correction movement - buy at 4 NWK But how do I come to this decision: It has a lot to do with the failure of the electrical industry and the needed alternative. Electro-automobility will fail due to the inability to expand the infrastructure and excessive emissions during the production processes. There is and will be no timely solution for this because it would simply devour vast amounts of money. Another problem is that the need for electricity could not even be met if every car owner or only every second car owner switched to electricity cars. Therefore we should rather deal with the topic hydrogen which is for many still absolute new ground. But this topic is not so new. Around the 2000s there was already a small hydrogen boom when Mercedes Benz announced that it wanted to produce hydrogen-powered vehicles. Since then many tests have been carried out but no hydrogen powered vehicle has ever been built in series. The dangers regarding explosions and costs for the construction of the infrastructure were too great up to now, but now big players realized that the costs for electric cars are even bigger and they come back to hydrogen cars. I expect a significant increase in demand in this sector over the next few years and have selected three good companies that already play a role in the hydrogen sector and could become big players in the future. If you take a look at the company's key figures, you will initially be frightened because the P/E ratio and cash flow are relatively poor. This has to do with the high development and test costs in the hydrogen sector and added to this the very low demand in hydrogen sector. Buy stocks/shares from one of these companies for your long-term portfolio and thank me in a few years ;PLongby DK_InvestmentUpdated 5510
BLDP Straddle...Either this short squeeze goes parabolic, or it collapses into nothing. Not sure which way so I did a $11 Feb straddle because either way it's not going to stay here. I'm thinking either $20 or $7... I need to hit $13.1 or $8.9 t win.... I must be real bored to play with this one....by hungry_hippoUpdated 2211
BLDP a 30 year V shape recovery in the make. we hare half way. here for the kids to play and learn. those who did not listen some months ago and sold when I posted the same after the red all time downtrend line was broken that SP will shoot up after the break can only hit them selves now. here a chart on TSE where insiders play on. 1) All the rest of BLDP life, how short it can be if takeover will play now above that red line. 2) the chart is a large V shape recovery probably over 30 years. 3) there is a large blue channel to play within trending upward. 4) the mid channel line has not only be broken but also a weekly close well above. = the game is not over, a higher top is coming this year. 5) the 2006 day trading high is broken and we closed well above. this translates to the 13$ top on Nasdaq, so high probability that also that Nasdaq 2006 top will be broken soon this year. (this is a basic version, mine has 10X more lines you won't understand.) BB, MA on the min etc are all toys for daytrading in normal market. But won't help you as then you have an ants perspective and won't see what the Eagles sees. A great chartist Peter Brandt learned me that "trendlines should be drawn in a manner that connects the most possible key chart important points. even if it ignores some spindles. " I have seen some draw here charts with lines that only touch 1 point. sorry but that is not a trend line. that is a random line with random changes. Longby eenmakkie5
$BLDP Is Nearing A Major Breakout$BLDP is on the doorsteps of new 2 year highs. The stock has been steadily climbing the charts this year and is up 135% ytd. After last Friday's high of $5.70, there is a double top at $5.70 and $5.72 a share. Above that, there's a strong trend line leading to $6. While some can play the break above the double top, a breakout above $6 is a clear signal to go long. Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products worldwide. The company offers heavy duty modules, fuel cell stacks, backup power systems, and portable power/ unmanned aerial vehicles, and material handling products. In addition, it provides technology solutions comprising engineering services and technology transfer services, as well as licenses and sells intellectual property portfolio for various fuel cell applications. Its products are applied to transit bus, rail, material handling, truck, marine, and infrastructure. The company markets its products in China, Germany, the United States, Japan, Belgium, Denmark, the United Kingdom, the Netherlands, Canada, Taiwan, France, Poland, Finland, Norway, Spain, and internationally. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. As always, trade with caution and use protective stops. Good luck to all!Longby InsiderFinancialUpdated 3319
$BLDP:NASDAQ - BALLARD POWER SYSTEMS - Up almost 200%Ballard has been having a great run, but might be a bit overbought at this point. Good one to keep an eye on for a pullback. Could be worth a watch. 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. The company was founded on November 12, 2008 and is headquartered in Burnaby, Canada.Longby zAngus3
Ballard Power ohne Power ?? ACHTUNG GLASKUGEL ! Erwarte Korrektur auf 5 USD dann weiterer Hochlauf auf bis zu 10,34 USD by AufderSuchenachGold4