FuelCell Energy Inc (FCEL)

[Hoghead7]

As suggested on many occasions, in my opinion the low volume 5M at 2.45pm, is an example of no interest in selling the stock. Bears would typically have an argument it's because there's no buying, and that would be correct. But with the stock failing to test support at the last support level of $3.42 and lingering around Friday's close, it's more validation nobody wants to sell. Historically this has trickled down on low volume with people trying to manipulate it as a day trade or swing trade. They've been able to steel shares by triggering stop losses. Lack of downside fear or concerns and minimal or non-existent stop losses have interfered with the trickle-down process. In my opinion. Inability to get the share price lower should result in a squeeze and nice pop again in my opinion. Which is why I didn't give up on my $5 Target by Monday or Tuesday quite yet. May not happen but there's a better chance of that then going back below $3. Tick tock.