CLNE trade ideas
Channel tradeSame pattern is showing its self in this channel, which is : 1.touch channel top 2.retrace a little 3. Sideways movement 4. Rally
Selling pressure Volume slacked up
My entry would be 10.25
Target 13.45
CLNE LONG IF IT HOLDS ABOVE $10.25CLNE is above the Support Line but with the market the way it is today, I suggest you make sure it can hold at $10.25 before you trade
CLNE Pullback Could be Great Entry PointClean Energy has changed the way the world fuels its vehicles. Natural Gas is becoming more available to countries around the world, and many are already using it for their public transportation vehicles. Look to target the $14-$15 zone. There is a chance that CLNE will fall next week, but most likely the uptrend will continue.
CLNE Strong Buy Momentum PlayThis stock is ready for a new leg higher.
Looking to target 12 dollar zone.
Stop below the recent lows as shown in chart.
CLNE LONG MY 2021 BIG GROWTH STOCKClean Energy Fuels Corp. engages in the provision of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It also builds and operates compressed natural gas (CNG) and liquefied natural gas (LNG) vehicle fueling stations; manufacture CNG and LNG equipment and technologies; and deliver more CNG and LNG vehicle fuel. The company was founded by T. Boone Pickens and Andrew J. Littlefair in 1996 and is headquartered in Newport Beach, CA.
Fundamentals: JRBiden takes office on the 22nd, 1 Huge Item is Clean Energy This company is ready to go and grow.
Potential Cup & Hanle PatternEntry Price,
Wait for confirmation of cup & Handle then enter trade between 11-11.5
PT 1. 12.6
PT 2. 14
PT 3. Free runner
CLNE: Bullish PennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
ATR Ascending
R/R ratio above 17, high
250RSI above 50
RS above 0, and ascending
200MA Ascending
If confirmed:
PT = 14.08$
Clean Energy vs EV Sector outperformance: CLNE/DRIVClean Energy Sector
vs Electric Cars ETF
Ratio.
Looks like a breakout.
Makes sense since Superchargers
mostly take from the grid which has a carbon footprint.
Hydrogen plants can use Solar/Wind
for green fuel & can be stored indefinitely.
Need a transitional replacement for gasoline.
Hydrogen Fuel can blend with gas/diesel while we go electric. Wind for Full electric solution.
Win/win/win/win-> Simultaneous solution.
Bias:Clean Energy Sector should start leading to
support the EV Revolution for true Green Energy.
Potential EPS beat of at least 50% EPSBeat's algorithm has detected a potential EPS beat of at least 50% on ticker CLNE.
CLNE is set to report third-quarter 2020 results on Nov 5, after market close.
EPSBeat's algorithm has successfully predicted 13/14 earnings beats for the week of Oct 26.
The tickers that beat were CHGG, HSII, HSTM, TNET, HLIT, FEYE, FVRR, EEFT, AVT, WDC, TAP, OSTK, SHOP.
The ticker that missed was RL.
CLNE: Before all electric america will be Renewable Natural gas
That green spike the other day was a deal with Chevron for renewble natural gas. Also the fuel source to be used by Hyllion. Could be the beginning a an uptrend.
Targets are shown with yellow horizontal lines. I am looking forward to this getting above $4.00 for some real upwards price movement.
News was: Jul 8, 2020
Energy giant Chevron (NYSE:CVX) and natural-gas fueling station operator Clean Energy Fuels (NASDAQ:CLNE) have announced a new initiative to supply truck operators serving the California ports of Los Angeles and Long Beach with renewable natural gas (RNG).
The plan, called Adopt-a-Port, seeks to reduce emissions related to port traffic by offering truck operators a carbon-negative fuel source near the ports. Clean Energy Fuels will operate the program, while Chevron will supply the RNG to the fueling stations, and provide funding to help subsidize new RNG-powered truck purchases. Clean Energy Fuels currently operates more than 530 natural-gas fueling stations in the U.S. and Canada.
Breakout possibleThis has held $2.90 support very nicely over the last couple of days. I am looking for it to break out over $3.46 level and maybe bounce back from it and end the day above that level. This has news of partnership with Chevron so I am bullish on this. May even provide some day trading opportunities.
Bearish SignalIt seems that CLNE is forming a descending triangle after it's a breakout. Given how quickly the price has moved up, I believe CLNE will be going down in the near future. However, this could go either way but I am leaning bearish in the short term.
CLNE Clean breakoutNatural gas. Buffet just bought into the industry. And a strong acquisition by SHLL (tortoise acquisitions) is in the same field, with company Hyllion converting transport trucks to natural gas and hybrid electric. Could be a good play, here.
Clean Energy Fuels Corp. engages in the provision of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It also builds and operates compressed natural gas (CNG) and liquefied natural gas (LNG) vehicle fueling stations; manufacture CNG and LNG equipment and technologies; and deliver more CNG and LNG vehicle fuel. The company was founded by T. Boone Pickens and Andrew J. Littlefair in 1996 and is headquartered in Newport Beach, CA.
Chevron Partners With Clean EnergyChevron Partners With Clean Energy On Adopt-A-Port Initiative To Reduce Emissions
-Chevron will provide funding for Adopt-a-Port and supply RNG to Clean Energy stations near the ports.
-Chevron’s funding will allow truck operators to subsidize the cost of buying new RNG-powered trucks.
-Clean Energy, meanwhile, will manage the program, including offering fueling services for qualified truck operators.
-Truck operators participating in the program, which supports the ports’ Clean Trucks Program and Clean Air Action Plan, agree to fuel up at the Clean Energy stations supplied with Chevron RNG.
CLNE Long ideaIm taking a swing trade long with CLNE . It is currently above the supporting moving averages. I see the huge days FCEL,PLUG,BLDP are having. These 4 stocks tend to travel together. I expect CLNE to play catchup and have a good week.
Clean Energy Fuels IdeaSince they are set to report their first full year profit this should be huge.
I anticipate Gap #1 and #2 to be closed.
CLNE LongCLNE looking good and holding strong. Looking forward to earnings on March 10th.
Target $4.26
CLNE long ideaI bought CLNE at the open. I look at the rest of the sector, BLDP, FUEL, PLUG all moving higher. CLNE should follow. CLNE is above the supporting moving average. Looks good.
