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.
FCE2 trade ideas
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!
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
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.
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.
$FCEL Fuelcell Energy TargetsWhat a move for Fuelcell in the past week but it is now way overbought and approaching some heavy horizontal and Fibonacci resistance, difficult to see how this can continue without some level of a pullback. Hopefully followers have followed the trade a made some nice $$$$.
This stock will remain on the watchlist as there could be considerable upside but agility needed to be trading this ticker.
Missed FCEL; Knew All About It..Information Overload Is.......your biggest enemy.
Saw they cancelled that Shareholder Meeting, which clearly indicated that they thought they could get the share price back above $1.00..
Also, from my spamming endeavors, I noticed that I would get a tremendous amount of views; significantly more than you'd expect. Hot sector too, with some heavy hitters involved. Plus they have that excellent trade name: Fuel Cell. You can't beat that. Very trendy, and sentiment is strong... Still fresh, unlike NBEV. It's looking like she's washed up at this point; been used and abused for far too long, so she'll never treat you the same. The first few loves are always the best, but after that, it's never as good as it was in the beginning.