FCEL trade ideas
Fuelcell trade setup
Possible entry level $2.09
Target price to hourly level resistance $2.32
Stop loss $1.99
Fuelcell rest and ready to ramp higher FuelCell Energy, Inc. engages in the provision of fuel cell power plant production and research. Its products include suresource 1500, suresource 3000, and suresource 4000. The company was founded in 1969 and is headquartered in Danbury, CT.
FCEL - 2/6 - 2/7NASDAQ:FCEL
Both EMA(200) and EMA(50) are getting closer and closer.
EMA(50) is getting ready to cross over EMA(200) for a uptrend opportunity.
FCEL Outlook First AnalysisHey there,
the stockmarket..
.. it Could go up it could go down, nobody knows except the ones who are powdering it with money. But there will be a time money doesn't work anymore and it's not effective as in the beginning of all this juiceing. (just like drug addicts who need more and more and more turning out it's not kicking anymore)
But that's not the topic right now...
Fuelcell energy:
Where do we come from and where we'll be going that is what matters.
okay, lets have a look..Ideas on tradingview. Bullish one has 8 Thumbs up Bearish just 1-2 Thumbs Up. So the people are clearly bullish, okay, but isnt that usual in that kind of euphoric market we're in right now?
Nobody wants a stock go down because normal people or I would say Beginners in the market mostly want to make money on the uptrend, they are new to the stockmarket and arent really comfortable with short plays (yet).
Okay so thats in the short view no good indicator for anything right now. And also people can be wrong thats normal.
What has happened the last >6 Months with fuelcell (short discription, I know there happened a lot more, and there are a lot of details more in the www):
- Stock went from 3-4$ down to 30 cents because of failing business administration, almost went bankrupt etc.
- Huron Consulting helped with leaning the company to prevent bankruptcy, with success
- Jason Few a new CEO took place
- some contracts with major companies from the energy sector
- working on and completing some of the previous started projects
- stock price was basing at a price range between (puh let me think) 20 and 30 cents but moved to on the high side at a price of 3$ but then went down almost 50%
What has happened to the world in the last > 6 months:
- the world turned green, the rulers of the world told their puppets to really put their foot on the gas because in the potential of the past economy has run out of steam, no more innovation can be made in building ICE-Cars, we have to be more energy efficient, we are polluting the world with using coal for producing electricity and so on
- china isn't stopping in learn about and innovate more and more self sufficient energy production, having such a will (from their regime) to move forward and grow and make others more and more dependent of them as we are from america
- FED has announced to flush the market with more money and the ECB has negative interest rates, this makes saving money on their account will "destroy" the value of it this means that people are searching for higher risk in earning something with their money. This is followed by the inflation of assets like stocks, houses, oldtimer cars etc.
So I think that are some of my views, maybe lets come to the conclusion. Will it go up or will it go down?
I dont know, nobodys knows, but there are some factors that will maybe turn up the probability of some events. But remember "the market can remain irrational longer than you can remain solvent."
I would say that the Stock Price will be effected on the upside by the world economies and population turned green, the "needs" for green energy as well as the turned fundamentals of the company. They really made progress.
From the technical perspective: If you can't kill it it will come back, they are coming out of almost bankrupt. They are not dead so the will come back sooner or later now the market is there.
Maybe we go down a little more to ~1.25 but then it will grow and grow. The latest earnings were bad because earnings just show how the past months went, but stock market and their prices are living in the future, not even in the present. What do you think analysts are doing in their work time? They are researching and calculating about future expectations of companies work and outcome and then buy or sell when we're just getting out of the bed. Think about that. The Stockprice went up from nov 19 until now, so the last earnings weren't even calculated in this anymore. I think the stock price went up, so the next earnings will be good and then they're is the cat biting in its tail. :D
Im bullish not because of being a fanboy of the company or making money so I can buy shit in this economy of bullshit. Im just trying to find the real value in this company maybe with a positive outcome.
Setting up for wave 5This stock has produced enormous gains. There is still some more juice in the tank.
FCEL UpdateCrappy earnings as usual, people losing interest in the stock. Usually decays after.... see previous earnings for similar chart patterns.
No position, there are better plays out there, short or long.
FCEL UpdatePennant target is $1.1 which happens to be a gap fill. Earnings sucked, BLDP is also headed down, I think it hits the target by Monday, lol.
This stock always tanks on earnings, that's why I was skeptical of the rally. Lose money and dilute with more share. That's been the MO for FCEL.
A speculative bet (part 2)An earnings miss took this blazing stock down a notch. However, the charts pattern still tells me not to be fooled. There should be several more rally waves to come in short order that will essentially bring this stock back into the mainstream. Staying long using Apr and July calls.
Note: The weekly RSI is still super strong!
HODL, Sell or Buy more?This stock has potential, but keeps going from $2.88 to $2.99 then back down to $2.88. NASDAQ:FCEL
Fuelcell Earnings WednesdaySome huge gains have been made in FCEL in the last year but just how far can this go?
Volume has been enormous and expectations may have just got a little to high.
But could be worth a high rick long.
FCEL longFCEL speculation Jan 21 - Jan 24
If FCEL can break above $2.42 resistance level with volume there is a excellent swing trade opportunity.
Otherwise expect it to drop back to ~$2.00.
Fuelcell Detailed video analysisposting for a friend. questions or comments? Do you have an asset that you would like my opinion on? let me know and i can do it free of charge. i want to see people succeed. money is good and all but there are things more important in life. Happy trading
thanks,
Rigo
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.
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.
