1FEY2 trade ideas
$FCEL HTF ACB Long #1 Main Watch
$FCEL HTF ACB Long (Swing)
Monthly - Decel
Weekly - Support/Double Bottom/50 ema
Daily - Inverse H&S Pattern/MACD Divergence/Support
RR - 7.5 (targeting the monthly 50 ema)
Execution - Live on 15 min 50 ema break with vol
Additionally on Watch:
Main - $ZOM
Secondary - $MJ
Secondary - $ICLN
Secondary - $TLRY
Secondary - $CNRG
FCEL LONG STRATEGY1. R1 $9.50, R2 $10.60
2. S1 $7.57, S2 $6.55
Given the current market momentum it’s IMAO not to touch shares as profit targets are hard to determine, but in case you still want to trade, FCEL is less risky compared to those already over run.
The optimal entry point is around $6.60 but for those who cannot wait, can place your first lot of entry at $7.57 and then add to your position should it fall to $6.60. Short term target is $9.50 then $10.60. The market will be seeing corrections therefore be prepared to hold it longer then expected.
My View on FCELFCEL and PLUG are the same sectors. Both of them would follow the same chart. If you would like to look at my PLUG chart, click the link below
FCEL is a nice breakout after 4 touches and the price is trading at $9.17. This company is good to buy and hold.
My SNIPER ENTRY is $7.5 to $7.7 if the price action is a bullish candle. My minimum target is $18 in the short term (few weeks), this is more than a 130% gain.
Set STOPLOSS is below $6.40 (15% loss).
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This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me know what you think
Cheers, I would share all my thought next time.
PEACE.
FCEL Long Term ChartI would be surprised if they don't dilute again to survive. Look at this long term chart, lol. If they're smart, they'll do it this quarter while the market is still in a bubble.
Funny how the monthly MFI only goes overbought during a bubble.
BTW, the price level isn't a glitch, this thing has reverse split many times. Anyone who traded during the Dot Com bubble remembers fuel cell companies were also in a bubble, look at BLDP charts.
ANyways, none of this means it'll go down on earnings, but at least you know why I'm bearish.
$FCEL Target 19.90 for 35.08% $FCEL Target 19.90 for 35.08%
Or next add level is at 7.56
Staying right on course here too... target is the same as last update
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$FCEL Target 19.90 for 44.94% $FCEL Target 19.90 for 44.94%
Or next add level is at 7.56
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$FCEL Ready for Entry shortly$FCEL looks to have found a bottom after breaking down out of the rising wedge. It bounced off the big 618 and is trying to break the little 236 as it climbs back up. If it break the little 236 I'd call it a good new bottom and a great entry if you got out before it broke the wedge. 42% gain if it goes back to previous highs!
