FuelCell Energy Inc (FCEL)

[hopester]

Clear evidence of a blowoff.
1) the huge spike up on extraordinary volume.
2) the refusal to go higher the following day

And 3) The extreme Overbought Condition as shown on the "Williams%r" indicator. Look at that indicator during the year. Each and every time the stock became extremely overbought, it pulled back. This is the most reliable indicator as it shows repeated evidence that a pullback will occur.
Nothing is guaranteed of course. But a slight pullback ( say a $1.00 ) will be healthy.
If it doesn't occur here it will occur shortly thereafter.
NOW YOU HAVE YOUR'RE EVIDENCE.


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=fcel&x=30&y=13&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2020&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=256&lf2=0&lf3=0&type=2&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10