Had a big Double bottom break out today with the alt energy sector but pulled back with the riot BS. Got stamped with FCEL and PLUG on Cramer. resistance is at 31.15 but if aftermarket gains hold it should blow pass it with the first fib target(Green line) at 36.50. RSI has room and MFI is great
Head and shoulders suggesting a drop could come among breaking the $24 support. Will be watching for a buy around the 18.50 mark if support is evident. Will provide more info if we get to this point.
The open position of #BE on a test of support level, 300 Shares -25$, without stop loss! potential 34 $ (30%)
With a Parabolic increase too quickly, expecting it to go back to the channel. Fibonacci retracements: Short Term: 22.87 Middle Term: 18+ The MACD should change soon. Short term expected retracement. Good time to buy some Bloom at those levels? I am a new trend analyst. Appreciate any pointers, you may have :) Thanks everyone!
Bearish Engulfing candle denied, and consolidated before making a run. Looking for momentum and continuation of 3 knights. Calls 12/18 30C. For a swing. Message me to join our TEAM. Where we help other traders, mentor, and provide plays!
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Another renewable energy stock to put on your radar is Bloom Energy. As you are probably aware, there is a lot of interest for renewable energy stocks. Bloom Energy provides electricity for organizations on a global scale with solid-oxide fuel cell systems (fuel cells that run on natural gas for backup power and microgrid applications). However, Bloom Energy...
This analysis is backed on Wyckoff ideas, technical analysis and overall market behavior. BE is performing well since March 18th and 19th, it bounced over 2.94 both days, and since then it has been running up until July 16th. This day demand hit a wall, and that was reflected on the volume bar, which is one of the greatest volumes since January; this means that...
LT HHHL + Y1<Y2 + POWER UP W&R SUCCESS STAR STEP ST LHHL = sideway no direction yet TP @ 21.87 SL @ 13.43
Potential long above $20.00 Upside target for gap fill $22.00
NYSE:BE is showing a bullish triangle setup. Resistance at 18,5 $, strong support below and the 20 day moving average is also there to limit downside risks. ADX is strong, +DI is positive - Momentum is built RSI is neutral