NYSE:BE   Bloom Energy Corporation
Investment position in accumulation and retention from 1 year. The energy sector is one of the drivers of the coming decade. The paper went public in August 2018 and underwent the usual correction for such cases. After that, having reached a minimum in October 2019, the price of $ 2.45 began to rise, and since then has grown by an impressive 1350% and reached an all-time high of $ 38. The growth of the paper was accompanied by the formation of many patterns of the continuation of the growing, which gives confidence that the paper tends to follow the patterns being formed, and not break them. Today, the security is corrected to $ 37, the resistance level is tested, after which the security is expected to move as indicated by the lilac arrow (see the upper yellow circle) to the level of $ 72, an increase of 93%. Trading without stops - it is not needed here. There is a likelihood of the security going into a deep retest of the resistance level with the formation of the C&H pattern, but this does not cancel the indicated growth targets. There is a well-traded option board with IV = 100%, which makes it possible to increase income by using option instruments - selling puts, credit spreads on puts. Buying calls in this case is not profitable due to the high IV.
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