FuelCell Energy Inc (FCEL)

[hopester]

FALSE. Chart called the drop. Trends, indicators, patterns have predictive value. Professional research analysts do thorough DD not amateurs trying to push the stock higher when all signals and fundamentals suggest otherwise.
Emotions contribute to chart formations and signals. Besides the professionals, Articles written, incl the WALL STREET JOURNAL, have dubbed the stock a loser with a $10 px target.
The stock has been clobbered lately from $29.38 to an intraday low of $15.+ Savvy investors are paying attention.
Company fundamentals are terrible ie widened losses and not a shred of news from the company that things are improving.Last quarter was abysmal. Wider net losses/sh then anticipated, reduced backlog, worsening margins.
So what results is an alignment of Fundamentals and Technicals. All say sell.Hold and watch the crumble!
Thus the collapse of the stock with more to come.
Savvy investors know and they have acted. The others will have to wait a "few years" and pray.
DEAD MONEY! $12 next stop.


No professional analyst has moved there targets and the stock is cooperating and closing in on it. Soon to come!