FuelCell Energy Inc (FCEL)

[hopester]

More Technical reasons for a continuation of the collapse in price to continue:
All indicators on my earlier posted chart are now solidly negative. ie RSI and MACF
The Bollinger Bands have been pierced at the lower band
The 50 day Moving Average is now negative and the 100 day MA is being challenged.
Momentum is picking up on the downside.
In all the trend is DOWN.
This is NOT "CONSOLIDATION". IT IS COLLAPSE.

The 3 month chart I displayed shows a head and shoulder formation which is extremely bearish portending aa further MAJOR MOVE DOWN FROM HEREwith little bounces along the way.
$12 has been met. Now a new tgt, my 4th correct prediction is in focus. I will announce later.

My call from $29+ was completely correct.
As momentum carried the stock to that px , it could well carry it back down to the $7.00 level .
I read my chart accurately. "Graphs" were incorrect and showed little. Stay with the professional analysts and the true charts. Avoid the bad advice.
Buying on dips has proved unprofitable and will continue to be.
My calls have been completely accurate. Graphs have not.
The downtrend is in place and the market is reflecting it.
The chart is ALWAYS RIGHT. FALSE INTERPRETATIONS SPELL LOSSES. GRAPHS ARE WORTHLESS.