FuelCell Energy Inc (FCEL)

[Hoghead7]

Personally, I think trading stocks based on moving averages and charts is BS, and the only reason I mentioned charts at all is because I know people trade based on it. Stock should trade on company specific news developments fundamentals etc and for anyone paying close attention fuel cell energy has all of that. If you're familiar with the company historically they've never had anywhere near as much news in a year or even two years for that matter. And that's real news with sustainable growth. First and foremost policies nationally and internationally with massive financial support are in place and we have never had that before, NEVER! But solar and wind did hence the massive difference. FCE has also announced a handful of new or extended relationships over the past 9 months. I often hear we need new contracts. We do, but we also have more contracts in the past 9 months then we have in any previous year in existence. And we have a couple of significant mou's.
That said we must be trading well over the 50 day and getting darn close to the 200 day. Anyone have those numbers? I can tell you if we're just over $4.60 next week that will be a one-month high and darn close to a 5-month high. In my opinion $5 is lights out for the bears, and we quickly test the 12 month high.