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Re: AugustaFriends post# 110491

Friday, 12/31/2010 3:51:44 PM

Friday, December 31, 2010 3:51:44 PM

Post# of 720180
FCEL -- 35 Million shares above $2 and above the 50ma on weekly --- could be ready for next leg up -- IMO -- Golden cross is coming in a few days -

Compnay is waiting on a new contract $34 million from DoE

The Company submitted a proposal to the DOE of approximately $34 million to participate in the third phase of the solid oxide fuel cell development program and expects a decision by early 2011.

http://finance.yahoo.com/news/FuelCell-Energy-Reports-pz-1601499290.html?x=0&.v=1



Investopedia explains Golden Cross As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.

Technicians might see this cross as a sign that the market has turned in favor of the stock.

http://www.investopedia.com/terms/g/goldencross.asp








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