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jbsliverer

03/15/22 9:50 AM

#45668 RE: XenaLives #45667

That's a really good point. Another confirmation that the trend is your friend. Definitely one should pay attention to the overall market with investing. When markets in general are bearish, stocks will be bearish also, with a few exceptions of course.

Last year when the general market was bullish getting higher highs and higher lows, FCEL was diverging in pps from that and generally getting lower highs and lower lows. Well that divergence is continuing. When the market yesterday went down, FCEL went down a lot more percentage wise, still diverging in pps from the overall market.

Now that the market is bearish overall, and if FCELs trend continues, then it will be even more bearish.

Trend is your friend, pay attention to it.
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igotthemojo

03/15/22 4:46 PM

#45686 RE: XenaLives #45667

yes, the market sold off yesterday...

today the market has taken off to the upside from the opening bell...but fcel dropped like a rock...

with a couple hours left in the market day, fcel is struggling to reach breakeven.....and this is with a fcel dog and pony show set up for tomorrow...

If fcel dropped yesterday because the market dropped, why didn’t fcel take off today just as the market did?…