Makes me wonder how hard the correction really will be? Back to .24 area?
The volume seems to coincide with a reversal, but I'm inexperienced so I may be wrong. One of the previous low-resistance lines has been passed 39-40 cent area. If it does a double bottom off that mark through the week, I suspect it will continue to climb. There hasn't been any negative press. Additionally, several articles have come out about renewables and...
Does this look like full-reversal to anyone more experienced? The 5-day trend is up, and it seems to have broken (or is close to breaking) the 24 cent mark set about 3 weeks/1 month ago. I am a complete amateur so insight would be helpful! Thanks!
The fall in the exchange rate, in my opinion, lasts longer. The next decreasing wave structure can be constructed with a target price of 0.83usd.
FCEL - giving it a shot here.
FCEL further price decrease. The exchange rate may be a triple downward wave structure. This means that it has just arrived at the last decreasing wave structure (45). The figure shows that the decreasing wave axis (green line) is parallel to the decreasing peak axis (light yellow). Therefore, for technical reasons, there is no reason for us to rise. The resulting...
FCEL slow decline. The exchange rate moves in a second downward wave of a triple wave structure. A correction can be made by a H1 ATR axis. Then the third downward wave structure can be built. Its target price is 0.76 usd.
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
Long PLUG. Hydrogen is badly needed with a damaged Earth Ecosystem. Much demand for Hydrogen, watch close over the next few years.
Bullish H and S was formed and the support line was intact since Nov. 2013 Good luck
End to the downward Spiral. Time to buy this baby up till earnings beat the street huge! Best Everyone! ~SCG