FCEL can pump vis-a-vis PLUG, and PLUG is looking pretty goodI’m heavy FCEL here, in at $2.40. See ya at $30. It’s got room to pump vis-a-vis PLUG, and Plug Bottom is in. It’s go time HDRO, HYDR, HTWO, HJEN, PLUG, but in particular FCEL. The biggest moverLongby Shammus01224
FCEL small long (GAMBLE TRADE)Just took a shot on $FCEL. Double bottom and breaking the downsloping resistance.Longby JesseVerlago2
FuelCell Energy: A Strategy for Bullish MomentumHello, traders and investors. Before I dive into the analysis, please note that I am not a financial advisor, and this is not financial advice. FuelCell Energy is showing several bullish indicators across different time frames, suggesting a potential for a significant upward move. Here's a refined analysis: On the 4-hour (4H) chart, there's a noticeable shift in momentum to the upside, indicating a change of character. After a decline to a key support level (referred to as "order block"), the price action formed a double bottom pattern, suggesting a reversal. Additionally, a Bat pattern is emerging, with the ABCD structure signaling potential profit-taking levels at $2.16 (Fibonacci 1.272 extension) and $2.45 (Fibonacci 1.618 extension). The MACD indicator shows a bullish crossover and divergence, complemented by a double bottom in price and a higher low in the RSI, reinforcing the bullish outlook. On the daily (1D) chart, two significant patterns are observed: a descending triangle and a symmetrical triangle. A decisive break and close above the $1.5 resistance level would confirm a breakout from these patterns, along with a downtrend parallel channel, signaling a strong move to the upside. I initiated a long position at $1.10, setting a stop loss at $1.05 to mitigate risks from a potential bearish breakout from the descending triangle. My strategy includes taking 50% profits at $1.7, anticipating a possible retest of the breakout level ("crime of the scene") before aiming for a second profit target at $2.4 (Fibonacci 1.618 extension). It's crucial to be cautious around the $2.5-$2.7 levels, as the price may face rejection, underscoring the importance of not being overly greedy in profit-taking strategies. This analysis is based on current chart patterns and indicators, which suggest a bullish run for FuelCell Energy. However, keep in mind that trading involves risks, and it's important to conduct your own research and consider your risk tolerance when entering positions.Longby MarketSphereUpdated 113
FCEL Energy Penny Stock Buy the near term Bottom LongFCEL a penny alternative energy stock is at a near-term bottom sitting at the POC line of the volume profile and a standard deviation below the intermediate-term mean VWAP about a month out from a good earnings beat. Given the current administrations unwavering support for green enerby sometimes with grants subsidies and other hand- outs I see FCEL as getting some trader attention of the good kind unlike PLUG which announced a large public offering to dilute investors. FCEL could steal some of those investors. The supertrend indicator is signaling a reversal at the confluence of the POC line with the VWAP band as mentioned. My target is the mean VWAP at 1.50 for about 35% upside with a stop loss at the recent pivot low of $1.09 making for a reward-to-risk ratio of better than 6. I see this as a swing trade with potentially 75 days in front of it given the earning report for 24Q1 is due a bit beyond that and best risk management would be to take a partial and size down going into earnings. Longby AwesomeAvaniUpdated 225
Same pattern on the Weekly. Ascending triangle.Similar pattern as previous bottom. Is this of relevance?Longby PeaksOrCliffsOfGlory0
Bounce off 0.618 Fib, possible reverse in progress?1 month chart, stock had been in an overall downtrend. The previous bounce from 0.37 netted +20k%. Is this a Bull Flag and is it Reversal time?Longby PeaksOrCliffsOfGlory334
$FCEL Fuelcell Energy Inc Long term PTs 39 - 682 and higherNASDAQ:FCEL Fuelcell Energy Inc Long term PTs 39 - 682 and higher FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems. It also offers technology to produce electricity, heat, hydrogen, and water. In addition, the company provides turn-key solutions, including development, engineering, procurement, construction, interconnection, and operation services. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, commercial and hospitality, microgrids, manufacturing, industrial hydrogen, port, oil and gas, wind and solar projects, food and beverage, hydrogen for mobility and material handling, and hydrogen fuel for heat, as well as engineering, procurement, and construction firms. The company primarily operates in the United States, South Korea, and Europe. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.Longby BADQOMOCAWGOWLD113
FCEL is preparing to reverse the trend ?I believe an H&S reversal formation has been completed with a neck line in the 1.40 area. FCEL has been in a downward trend for a long time and will have to break the dynamic resistance upwards to gain strength to reverse the trendLongby Ale_IT3
FCEL possible big move in the making!Hi folks! Here is my perspective of the chart. Anything is possible, could revisit $1 if resistance zone cannot be broken. However, it does have strong divergent patterns, as well as volume not seen in some time. Please read my annotations. Thank you for viewing! Happy trading! OnePathby OnePathUpdated 2
FCEL 1W Bearish Running Flat CorrectionWave 4 of C upwards over 100% then final wave 5 down to retracement of previous wave 2 on the left. 82% Decrease in Price for wave 5. FuelCell Energy, Inc. engages in the development, design, production, construction and servicing of high temperature fuel cells for clean electric power generation. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant. The firm's fuel cell solution is an alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. It provides solutions for various applications, including utility-scale distributed generation, on-site power generation, combined heat and power, distributed hydrogen, carbon capture and hydrogen-based long duration storage. The company's platform has the differentiating ability to do all these applications utilizing multiple sources of fuel including natural gas, renewable biogas, and propane among others sources. The company was founded in 1969 and is headquartered in Danbury, CT.Longby TheCryptoChartWhisperer6
FCELHi, I believe FCEL has bottomed, and I don’t think we see another “0-level” touch of this “bear fib”. I’m posting this chart as a record of my bottom call. Good luck bulls. I’ll see you above $100.Longby Shammus013
FCEL/PLUGHi, I show the concatenated Fcel/plug in a Fibonacci channel. Plug has 7% down to hit supports at “two prior peaks”. The bleeding is almost over. Meanwhile Fcel, which I own with a $160k opening position at $2.40, is landing on the bottom of the pair’s fib channel. Fcel “should” run net bullish Plug from here on, even if they are both falling. But when plug bottoms, and starts to pump again, the Fcel strength will be obvious.Longby Shammus01774
FCEL Looking BullishFCEL looking bullish as its completed its 5 wave structure down. Currently its putting in its B corrective wave of the downtrend and could be placing its higher low. Longby MMMMan7
FCEL UpdateI've mentioned this stock a few times in the past, I said it'll get close to book value because they lose money every quarter. Well, it's pretty dang close now. Might be worth throwing a few bucks there today or tomorrow if you like long term plays. Low risk at this point. Not gonna recommend options since you never know when this will pop, could be next week.... or 2 months from now.by hungry_hippoUpdated 101010
Fcel fib channelHi, I show Fcel fib channel price location, and on balance volume landing. Price is at $2. I’m in from $2.40, and looking for $185ish. Short term head and shoulders pattern pointing to $1.77, but not guaranteed. Volume coming in again slowly, and nearing vpvr lower bounds, and linear lower bounds. Do you have the will and fortitude to realize life-changing gains?Longby Shammus01Updated 113
FCEL incrediblethese guys are still around is beyond me no clue but it seems like they want to keep trending lower to test those lows before a turnaround. should absolutly moon once the markets get going unless we see this recession. catch ya + $100by gl0bu2213
FCEL entry for Long term holdI provide “kissing” fib channels, and propose that FCEL is near the bottom of the retrace after volume came in and pumped the price off the bottom of both fib channels. The next major move is upLongby Shammus014
fcel playfcel looks like itr can head to 3 dollars by the end of the week and then can be rejected back to two dollars this can happen all in a week or two so watch out if it passes the 3 dollar it can get a bullish trend but it loosk over bought and needs to come down and kevel out before it goes up again by mikebatz1
FCELsmart money concepts orderblocks seem to align with the trend, if it flips then the upside to eat all that vol could be significaant, long term trade but should be above $5 by 202 at this rate.by largepetrol336
Long - Daily timeframeThis is a good signal for longterm, look like it gonna bounce back test $2.50Longby vincent8x0
FCEL UpdateThe problem with micro cap stocks is that a pump on news doesn't last very long. FCEL dropped out of a pennant reversal, looks like it's going to fill that news gap. I wouldn't buy until MFI goes oversold on the daily, probably headed below $ 2 again within the next 2 weeks. I said a few weeks ago that this wouldn't make it above $ 3 resistance, it only made it to $ 2.5. Old support is new resistance, will have a hard time breaking that again.by hungry_hippoUpdated 4410
FCEL making Golden KissCheck how FCEL is making a golden kiss and may help it shoot higher on hourly time.Longby v3j3v0
$FCEL The Future Of Clean EnergyOver the past week, the stock of the Connecticut-based fuel company FuelCell Energy, Inc. (NASDAQ: FCEL) climbed nearly 40%. News regarding development in the company’s collaboration with Toyota Motor Corporation (NYSE: TM) and its other partnership with Exxon Mobil Corporation (NYSE: XOM) were two major catalysts driving the stock in the last few days. Furthermore, one of the biggest investment companies in the US BlackRock, Inc. (NYSE: BLK) increased its stake in FCEL last week. With the company expecting its Toyota plant to start operating in Q3 of this year while anticipating its Derby, Connecticut power grid one to start operating in Q4, FCEL stock could continue its rally going into the latter half of the year. FCEL Fundamentals With rising concerns about climate change, cutting emissions and energy transitions is one of the world’s current biggest challenges. Enter FCEL, the company that manufactures and operates fuel cell power plants, especially hydrogen ones. The idea of hydrogen production is using natural gas or renewable biogas, to produce hydrogen, power, and water through a trigeneration platform or by a solid oxide platform where water is split into oxygen and hydrogen which can be stored as compressed gas for future use. Despite hydropower forming only 6.4% of different sources of energy used to fulfill energy demand in 2020, the demand for hydrogen is expected to grow to 500–680 million metric tons (MT) by 2050 compared to 87 MT in 2020. The demand for hydrogen and other clean sources of energy might increase even further due to the European Union’s proposed approximately $270 billion program that would offer tax breaks for businesses investing in net-zero technology. Moreover, the market size of hydrogen production has been valued at $155.35 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2023 to 2030. With this in mind, FCEL could witness a surge in its demand long term. Partnering with Anaergia Inc, FCEL is set to receive natural gas from the company’s subsidiary SoCal Biomethane, LLC to produce hydrogen and electricity using FCEL’s trigeneration platform for Toyota Motor Corporation’s (NYSE: TM) Logistics Services Center at the Port of Long Beach in California. The facility is Toyota’s largest port operation handling import/exports for North America and processes about 200,000 vehicles per year, where it will be powered by FCEL’s hydrogen fuel cells which will produce a net of 2.3 megawatts of electricity. Moreover, FCEL will produce approximately 1.3 tons of renewable hydrogen per day to fuel Toyota Mirai which is Toyota’s hydrogen fuel cell vehicle. The global hydrogen fuel cell vehicle market size was valued at $0.92 billion in 2021 and is projected to reach $43.2 billion by 2031, growing at a CAGR of 45.5% from 2022 to 2031. With this in mind, FCEL could prove itself as a magnate in this aggressively growing market if its partnership with Toyota bodes well. Alongside hydrogen production, FCEL offers carbon capture services where its platforms can capture carbon emissions from the exhaust streams of coal or gas-fired power plants that can be recycled by being sold or used for industrial processes while simultaneously producing clean power. This technology is to be demonstrated in one of Exxon Mobil Corporation’s (NYSE: XOM) facilities after FCEL secured an order from the Texas-based oil and gas company. The demonstration project is expected to be a full-scale prototype of the modules utilized in large-scale systems for industrial and commercial point source carbon capture applications. However, ExxonMobil hasn’t made a final investment decision yet, but the company stated that the order is a crucial step in equipment procurement and module engineering work. Using its carbon capture platform, FCEL is set to provide enhanced grid resiliency, reliability, and low carbon power to the Connecticut power grid as the company is currently constructing a plant in Derby, Connecticut. This 14-megawatt installation will be the second largest installed fuel cell platform in the US, only falling behind FCEL’s other 15-megawatt platform in Bridgeport, Connecticut. The company expects commercial operations to begin in Q4 2023, which could boost FCEL’s stock price upon operation. In other news, BlackRock, Inc. (NYSE: BLK) – the New York-based multinational investment company – has its stake in FCEL shares by 8.59% at the start of May. Blackrock now owns 10.3% of FCEL with 41.6 million shares which is an increase from 38.3 million shares back in January and a 0.8% increase in ownership. As a result, the FCEL stock forecast could be promising having the backing of one of the biggest investment companies in the US. FCEL Financials In its Q1 2023 report, FCEL reported $892.3 million in assets, including $315 million in cash and cash equivalents. FCEL witnessed a decline in its assets from $939.7 million, including a decline in its cash and equivalents from $458 million in Q4 2022. FCEL’s liabilities shrank QoQ from $185.3 million to $157.1 million as its current liabilities decreased from $85.8 million to $66 million while its long-term debt decreased from $82.8 million to $81.5 million. For the three months ended January 31, FCEL revenues grew YoY from $31.7 million to $37 million, while its gross profit increased from a loss of $2.8 million to a profit of $5.2 million as its cost of revenues decreased from $34.6 million to $31.8 million. Moreover, FCEL’s operating loss shrank YoY from $44.8 million to $22.4 million. Finally, FCEL’s net loss also shrank YoY from $46.1 million to $21 million. Technical Analysis FCEL stock’s trend is bullish as it is currently trading in an upwards channel. Looking at the indicators, FCEL stock is currently trading above the 21 MA, 50 MA, and 200 MA which is a bullish sign. The RSI is approaching overbought at 60 and the MACD is bearish. Fundamentally, FCEL stock’s most recent catalysts are more news regarding its collaboration with Toyota and its other one with ExxonMobil, in addition to Blackrock increasing its stake in the company. FCEL stock has two upcoming catalysts which are the expected commercial operation of its trigeneration platform in Toyota’s Logistics Services Center in Q3 and the expected commercial operation of its carbon capture platform in the Derby, Connecticut power grid plant. FCEL stock price is expected to increase in light of these catalysts. A possible entry point would be at current price as it’s currently testing the lower trend line, taking profit on testing the upper trend line, while leaving a tail anticipating the expected operation of its platforms in Q3 and Q4. FCEL Forecast After partnering with Anaergia Inc, FCEL is set to receive the necessary natural gas that will be used to produce hydrogen and power through its trigeneration platform, which is expected to operate in Q3 of this year for Toyota’s Logistics Services Center. Furthermore, FCEL secured an order from ExxonMobil and is set to demonstrate its carbon capture platform in one of its facilities. FCEL is also constructing a carbon capture platform that is set to power the Derby, Connecticut power grid which is expected to start operation in Q4 of this year. Based on these reasons, the FCEL stock forecast could be bullish for the rest of 2023. Finally, the European Union’s $270 billion program offering tax breaks for businesses investing in net-zero technology could further increase the rising demand for hydrogen fuel cells making FCEL stock an exceptional long-term investment.Longby Penny_Stocks_Today115