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...
FCELB trade ideas
FCEL HAS ROOM TO GO!I have been monitoring price movements on FCEL for the last couple days, I had three models in which direction it could go. Volume is looking good and I expect it to hit 1.00 by the end of the week as long as it stays on track and no negative news comes out. What a turn around from .22. Steady climb.
FCEL Long Bounce off 50 day moving average FCEL gap up over its 50 day moving average at .35 pushed up found resistance at .415. Watching for .35 the stocks 50 day moving average to hold as support and looking for a push up to vwap at .38 then looking for a push to re test hod. Bottom line 50 day moving average Middle line Vwap Top line Hod.