FuelCell Energy Inc (FCEL): yep, should still be a good year for fce...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	19
Posts	1714
Boards Moderated	1
Alias Born	10/28/2009

ryall12

Re: manatee post# 704

Wednesday, 12/15/2010 4:29:20 PM

Wednesday, December 15, 2010 4:29:20 PM

yep, should still be a good year for fcel. short term some consolidation looks at hand. the 1.70 resistance does not seem to be breaking this push, but 1.30 should be hard line support now instead of resistance. big victory. in fact monthly support is more like 1.35 though i doubt this goes under 1.40 on the consolidation.

1.70 then 1.90 something/over 2 and resistance gets thinner. 2 more weekly fan lines, 1 breaks during january in this level the next will be in the low to mid 2.00s
then there is a monthly fan line which should come much later in the 3 to 4 dollar range. but it may take a while to try for that one :)

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion