Sell/Hold - Short Term Buy/Long - Long Term Target - 2.00 Buy - 1.40 Good Sell - 1.65 Good Hold 2.00
Despite the selloff it held strong compared to other stocks. It broke down the pennant shape but still held strong at its support and closed above it testing the resistance.
FCEL is in a strong downtrend but i'm expecting a breakout to the upside. Pay attention to this falling wedge.
Seems forming a fallen angel type for formation. Showing upward momentum. Moneyflow is accumulating & volume increasing as well. However we would like to wait for trader confirmation. You can check detailed analysis on FCEL in the trading room/ Executive summary link here- www.youtube.com Time Span- 4:45" Trade Status: Pending