FCELB trade ideas
ADDED to $FCEL New Target 19.90 for 44.94% $FCEL Target 19.90 for 44.94%
Or next add level is at 7.56 (basically here but so many positions need a boost that I'm only adding a little bit here)
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
FCEL heading to retest support at 6.5$Logaritmic scale at daily timeframe
Previously break up of the huge downtrend resistance (at 2$) got us 15x gains. The new uptrend support has been formed, so during this or the next week is going to retest that uptrend support.
For the last few months the falling wedge was forming, which means go LONG when the break up on the upper bond of the wedge pattern confirms.
I am now waiting to see how the things will play. Maybe before the big uptrend support retest we'll see the daily 20MA retest - which is also a upper bond of the falling wedge pattern.
If it bouce up at the uptrend support along with the whole tech market, we could easily see a new 10x gain this year which sounds very attractive.
Cheers!
Falling Wedge and Breakout Coming Soon! Falling wedge pattern (typically bullish on break above) - Indicators pretty oversold with some bullish divergence in the MFI. I think those 2023 leaps would be a great idea and just look to average into that price between now and $6.20. White arrows project where a bounce should occur and the green lines above are the implied move on breakout above.
Fuel sell.. Short itDowntrend breakout got rejected Thursday and then again on Friday. Look at the volume from last fall and compare it to now. look at how much volume it took to break above fib .786 December 23rd. Unless you can get the entire WSB forum to buy this stock, its toast.
%15 short interest. The hedge funds have been targeting all of the retail trader favorites (Plug, BE, Fcel).
until it can get back above 11.13 (Fib ext .786) I'd stay away from any bullish trades
Lose your opinion , not your money
ADDED $FCEL Target New 20.92 for 34.88% $FCEL Target 20.92 for 34.88%
Or next add level is at 10.10 (which is pretty close)
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
FCEL Snapback w/BounceFCEL is overextended on the lower bollinger bands and oversold on stochastics, it has had 8 consecutive red days with a slight bounce showing today with a green candle. Price has reached its 200 moving average on the daily and the weekly charts which is a good sign for relief bounce back to the 11.50 range.
$FCEL Target 22.21 for 32.20% $FCEL Target 22.21 for 32.20%
Or next add level is at 11.39
Options expire tomorrow so why wouldn’t this drop… buy anywhere around here.
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.