FuelCell Energy Short Term We look to Buy at 4.29 (stop at 3.84) Previous resistance at 4.40 now becomes support. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Buying pressure dominated price action yesterday and we expect this to continue today. Our profit targets will...
Hey traders, Its been a rough bear market and I have finally got back in. There was a huge $369 billion climate bill announcement last week, which gave the clean energy sector a boost. FCEL, PLUG and ICLN etf. Jan 2023 has over 73000 calls, while there are 18000 puts in OI. Happy trading!
FuelCell Energy Short Term We look to Buy at 3.35 (stop at 3.04) Previous support located at 3.35. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Buying pressure dominated price action yesterday and we expect this to continue today. Our profit targets will be 4.24 and...
Upward channel, Great place to get some strangles either call debit spreads with the same on the put side to lower risk but cap gains. I except fcel to test the 200 ema around $5 whithin the coming weeks. Options play is a strangle/straddle best used with debit spreads. Price targets - $5+ and $3- if it breaks the $3 dollar mark we would most likely see $2. if...
FuelCell Energy Short Term - We look to Sell at 5.36 (stop at 5.86) The primary trend remains bearish. A break of 5.50 is needed to confirm follow through negative momentum. Closed below the 50-day EMA. We look for losses to be extended today. Our profit targets will be 3.69 and 3.12 Resistance: 7.00 / 8.00 / 11.50 Support: 5.50 / 3.50 / 2.50 Disclaimer...
1- CCI 20 is below 0. (Bearish ) 2- Beak down the resistance. ( little bearish ) 3- The red line is below the White line of “ACL” (self-made indicator) .( super Bearish ) (ADL indicator) 4- "Multi analyzer" (self-made indicator) is downtrend and is -4 right now. ( bearish ) 5- Close is below the red and white line ( Bearish ) 6- Mid-term channel (LR of 9months)...
$FCEL Support 4.98 Resistance 5.92 Consider Calls above 6 Consider puts below 4.83 >50k prem, OTM only, <30 DTE = slightly bearish overall - no recent large whale purchases to indicate direction to me(yet)
FCEL Price - 5.78 Support - 5.21 Resistance - 5.92 Consider*** Calls above - 7.1 Puts below - 4.98
“Consider the statement, ‘it is raining.’ That statement is true or false depending on whether it is, in fact, raining. Now consider the statement, ‘This is a revolutionary moment.’ That statement is reflexive, and its truth value depends on the impact it makes.” (George Soros) What separates George Soros from the rookie traders who are gunning the market right...
This could take this back to under $2. No trade zone for me.
fcel marktet dip reversal rsi and stock for higher prices....
Ugly drawdown with rest of market last week. $7 needs to hold for me to like this count, although $6.69 is the lower fib. This week will be telling.
Good Afternoon Team, The market played out as we called it with a $460 push to only be rejected and create a lower high and lower low. Bulls step to the side for now, as the bears have taken over on a day to day basis. As of now the market was unable to hold the Weekly $456 support which opens the door for a $440 flush next week. Expect a bounce starting Monday...
Glad to be back and recording for YOU. SPY is still on shaky legs and the momentum to the downside is still strong. Here's what you should know before market open!
Rising wedge target hit. Hidden Bullish Divergence printing across the board. Inverse H&S in play. I like what I am seeing here. Let's get that paper.
Triple nested 1-2 setup sitting on falling wedge support. As long as $8.60 holds, I expect another leg higher to $14.59 by December 17th. Yes, I am aware this is quite an aggressive prediction, however I'm using past data with how FCEL likes to behave indicated with the red/green boxes.
small caps seem ready to boost higher after this pullback. If it maintains the support it just did this would be past resistance acting as support and we'd be en route upwards to 270 for IWM.
#still a huge fan of doing the right thing. Now that they have some revenue, this stock can finally get some #Respect ? Time will tell, but its off to a great start. Thanks -Kaz