FCEL EarningsProbably my last play for a month since there's not much going on in June.
Bought next week's $12.5 on open. This company always loses money and survives on dilution, look at the long term charts.
FEY trade ideas
RSI a little overbought here too, look for dip entriesadded some on break of downtrend channel, potential start of an uptrend now? but earnings are tomorrow so it can always dump :D we will see what happens i guess. goodluck !
FuelCell - FCEL - Time to get back into the Saddle?FuelCell - FCEL - Time to get back into the Saddle? Technicals are starting to turn bullish!
$FCEL Target 19.90 for 35.08% $FCEL Target 19.90 for 35.08%
Or next add level is at 7.56
Staying right on course here too... target is the same as last update
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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 Target 19.90 for 44.94% $FCEL Target 19.90 for 44.94%
Or next add level is at 7.56
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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.
$FCEL Ready for Entry shortly$FCEL looks to have found a bottom after breaking down out of the rising wedge. It bounced off the big 618 and is trying to break the little 236 as it climbs back up. If it break the little 236 I'd call it a good new bottom and a great entry if you got out before it broke the wedge. 42% gain if it goes back to previous highs!
fcel ⚡ updatelooks like i haven't posted this one, but it hit my target perfectly.
w3 target = $50
w5 target = $77
FuelCell - breakout ahead?FuelCell - maybe the breakout is finally ahead .. ready for a healthy n slow gaining
.786 Fibonacci Retracement Complete on FCELFuelcell Energy (FCEL) has retraced 78.6% of the gains from its recent high on 10 Feb 2021 of $29.44, tracing from it's all-time-low of $0.13 in June of 2019. This is a significant Fibonacci Retracement level, and should be very strong support. This is a bullish indicator that suggests the bottom may be here for this stock.
ADDED to $FCEL New Target 19.90 for 44.94% $FCEL Target 19.90 for 44.94%
Or next add level is at 7.56 (basically here but so many positions need a boost that I'm only adding a little bit here)
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
FCEL heading to retest support at 6.5$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!
downtrend channel here, puts are printing very nice downtrend channel here on FCEL, puts will keep paying as long as it holds, will consider long entry on a breakout though! patiently waiting :) no rush theres always more plays to go long on. goodluck <3
FCELIf FCEL breaks through my last support level, I will be looking to buy puts. If it bounces then I will be looking to swing some shares/calls.
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
FCEL Analysis $FCEL | #Analysis | #StockMarket
Price Target 15.71 🎯
3 Bar Play ✅
0.236 Fib Retracement with Trend Line Confluence ✅
Bull Flag with Full Backtest ✅
Momentum curling up with Strong Bullish Divergence ✅
Entry on Break of 11.90 with Confirmation ✅
Invalidated below 8.61 ❌
