FuelCell Energy Inc (FCEL)

[hopester]

Resistance is noticeable almost at every level. The next level is $1.15; then 1.20; then formidable at $1.25 [where any upmove to that level puts an end to the DEAD CAT BOUNCE.
On the downside, $1.00 -$1.05 is the next level of support once it fails to hold at $1.10.
Breaking below $1.00 and KAPLUNK TO $.75 or LOWER.

Exxon news , if any, is already factored in. Anything else that may encourage the hopeful LONGS won't improve the fundamentals or the price beyond the top of the DEAD CAT BOUNCE..
Beware of the HOGWASH DELUSIONS..They have no basis in fact and a long history of failing.