CPST, PLUG, FCEL & BLDP are still each in complete consolidation.
Each are consolidated Short, Intermediate and Long Term. This usually means a significant move is near; up or down. This is because the price difference is so narrow that no one is making any money; Hedge Funds, retail or Institutional Traders. The move ends, and a swing cycle reversal occurs. http://www.stockscores.com/quickreport.asp?ticker=cpst
All have retraced from a high to the point of consolidation.
Each is in a Triangle Chart Pattern and the pps is in the apex of the triangle and being pinched. The market is putting down pressure on these stocks so the Triangle Chart Pattern is affected, but consolidation is, in effect, a sideways action.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.