FuelCell Energy Inc (FCEL)

[hopester]

The problem with outside source assumptions is it's never backed up with a supporting reasons. FCEL is a classic example of that. Instead of respecting the obvious technical signs that the stock faces solid resistance, as shown on any widely used chart, at or just under $4.00, or basing their reasons on some known fundamental fact, their case relies on the stabilty of the market to cause FCEL to bust through $4.00 like it wasn't even there.
With just the word that a stock will rise or fall ( because its wished ), and a total disregard for accepted reasons why it should, I will stick with the disciplines of sound investing ie fundamentals, technicals, and professional research . Examining the track records of both professional research and that provided by outside sources speaks volumes of whose results are worthy of consideration.
It's possible the stock could approach just under $4.00. But by all measures, it will be met by stiff resistance and will in fact be Extremely Overbought. Don't discount the lack of fundamentals, the 10K report, and what all analysts see through 2025. Don't discount what a group of prof researchers have as the avg tgt px.- $3.75 ..... the high being $4.00.