FuelCell Energy Inc (FCEL)

[hopester]

Bollinger Bands
This chart shows the stock broke below the lower Bollinger Band. That signals more px drops coming.
Its below all moving averages and while Oversold it can get even moreOversold before the next DEAD CAT BOUNCE.
There is no Buying Support for the stock as Sellers continue to overwhelm any effor to stabalize the fall.
Eventually this stock will rest well under $3.00.
Given the state of the market and the lack of any reason to own speculative penny stocks, The BULLS should be dancing to a different tune if reality sets in.



https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=FCEL&time=6&startdate=1%2F4%2F1999&enddate=9%2F24%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=50&uf=8&lf=256&lf2=0&lf3=0&type=2&style=320&size=2&x=52&y=5&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10