FCEL is way oversold. Caught a trade alert on this one with some sort of news about Germany adopting more Hydrogen fuel cells. Maybe this will start to grow. Hoping to see some higher lows soon.
FCELB trade ideas
This stock can more than double in the coming yearFuelCell Energy, Inc. develops and commercializes fuel cell power plants for electric power generation. The Company also has contracts to develop its fuel cells for use of alternative fuels and for marine transportation applications. FuelCell has research and development contracts with government and industry.
The coming year is very important for fuel cell energy (fcel). There are many exciting projects going on. The key is to get everything financed and be able to finally become profitable or at least don't lose a lot of money. Fuel cell should be able to meet or beat last year earnings for the first quarter. When all go according to plan no way this stock will drop back to lows the turnaround is finally in sight. 3rd quarter conference call is in September we should have many answers by then and if the stock is not over $4 then chip has failed.
High risk and high profit opportunity.
Can She Make Another Run?This stock gapped up pre market, and had a decent run today, but ended up pulling back down to support towards the end of the day. We will be watching levels, 0.4350 / 0.4950, for possible bullish trades tomorrow. If we get no buyers and only sellers tomorrow with low volume, I would expect us to pull back below 0.37.
Tale of two scenarios #FCELI can see two scenarios playing out with FCEL:
1) The stock is sitting on the 200EMA and tested it July 3,5, and 8th (Today). Seems to want to stay above it.
So, either it will lay flat in this area (.72-.68) or it will drop (possibly gap) back down to the .54 area. The 3 day trend would imply that could happen, unless from the 3rd forward is a Pennant. In which case, it could lay flat.
2) There is resistance at $1, which I'm assuming is psychological because there isn't anything recent coinciding with the $1 mark. Additionally, if we treat the 3rd as the start of a pennant, the stock could very well gap up to or over $1. The volume on previous jumps was low (in comparison to highs), which seems to correlate with the recent "flatness."
NOT ADVICE: I am assuming the 200ema will hold as support. The stock is above all the other ema lines as well. Nothing suggests a dump. Regardless, I've set my stoploss just below the 200ema. If it does return at least I have a good re-entry point.
Consolidation from gaps find support at .67? FCELI'm continuing to watch this stock closely. I am a low-level trader and don't have tons of money in this stock,
but nobody wants a loss of even a dollar if they don't have to. If the .67 mark is confirmed in the following days
then I suspect the .80/.81 upper resistance will be broken. Or, it could go the other way. Still too early to tell.
News has been nothing but good in terms of contracts, although, there was a reverse stock-split weeks ago. Additionally, there was negative news about potential down earings Q2. There is a July 3 article outlining the volatility, but even that
is uncertain whether there will be a breakout or a sell-off. If I were a betting man, something will happen to push the stock back above a dollar so they can stay listed. I've not heard anything about an SEC warning or extension about staying listed.
Something to watch closely for a breakout in my opinion. Too many articles outlining positive business ventures.
Interesting trend on Saucer. FCELThis would appear to me that there will be a pullback to about the .54 area. Maybe .57-.60.
Depending on if it gaps on open again. In which case .77 could be the new lower support if
it drops during consolidation.
If you notice the downtrend side: June 5, 7, and 14 the stock dropped below .77 (5th),
.54 (7th), and .39 (14th).
Now compare to the uptrend side of the saucer: July 2nd the stock gapped up above .39,
and even with consolidation closed at (or about) .54
Then July 3rd (Today) the stock gapped up again passing the .77 mark but failed to stay above on close.
Currently at .79(ish) which is good news. That is a post market number though.
the last thing to note is July 1, 2, and 3. Open July 1 was slow but trending up. Consolidation with low-volume.
July 2nd is the gap up, consolidation with low-volume while trending up.
July 3rd (Today) 2nd gap up, but the volume pattern has completely changed. It did not trend up.
There is still a slight chance .77 becomes the new low resistance line. With any luck a gap up will push us over $1.00
<TradeVSA> Changes in Trend in Hourly Chart (FCEL.Nasdaq)Strength in the chart:
1. High volume downtrend
2. Pullback in hourly chart with accumulation
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Still developing this idea. Still too early. FCELThe volume seems to coincide with a reversal, but I'm inexperienced so I may be wrong.
One of the previous low-resistance lines has been passed 39-40 cent area.
If it does a double bottom off that mark through the week, I suspect it will continue to climb.
There hasn't been any negative press. Additionally, several articles have come out about renewables
and "green" energy that points to those markets making gains. Especially wind/solar and EV. I nearly bought in at the 24-cent mark but I am still comfortable if the new resistance is 39/40 cents or so.
FCELFCEL = 20 years later ... it happened cyclically that in 1999 May 03 there was a very important return ... let's say that if we consider the cyclicality I believe that investing in FCEL with 10,000 pieces at the price of 0.24 may be a bet that I believe is worth more than we can imagine .... Let's see if this vision of mine ends up with a gain very close to 90% of my choices. Good trading at a
$FCEL Contract win propels stock, look for continuation.On the 30th April Fuelcell Energy announced a new project which sent the stock 20% higher, we are looking for continuation in the name which has really been beaten down. Cash concerns have inflicted a lot of skepticism on the company but several Institutional investors have recently added to their positions in the stock. Blackrock added 10.5% to their position in the last quarter which is a sign of confidence.
FuelCell Energy, Inc, together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company offers SureSource product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and micro-grid, as well as multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications.
FCEL further price decrease...FCEL further price decrease. The exchange rate may be a triple downward wave structure. This means that it has just arrived at the last decreasing wave structure (45). The figure shows that the decreasing wave axis (green line) is parallel to the decreasing peak axis (light yellow). Therefore, for technical reasons, there is no reason for us to rise. The resulting decreasing movement may even reach 0.42 usd.
