FCEL is looking very bullish and looking for a continuation ( this analysis is for stock option plays). FCEL finished out the day yesterday with a hammer candlestick as well as the MACD curling to the upside. White lines are my breakout lines and yellow lines are my price targets…. Happy trading!
If MSFT breaks this key level on the 15 min time frame then we could see price head for 344. But if it respects that key level then we could see price head for 338
UJ has broken a key level as well as breaking a small trend on the 4hr. Then when it broke that key level (orange line) it then retested and continued it’s momentum back up confirming a buy entry. Swinging this to 114.300 then taking profits.
On the 30 min chart I see UJ at a key level that was once support now turned resistance. If UJ breaks this resistance and retraces then I see a buy. But if it respects that resistance level I will look for chart pattern confirmations to enter a sell.
In this chart we can see an inverse head and shoulders forming bouncing off resistance at a key level. I do believe GJ will shoot all they way up into the previous supply zone.