Replies to post #49661 on FuelCell Energy Inc (FCEL)

[hopester]

But it never got close to $5.00 as predicted " with confdence"

The big drop today breaks through the support level of $4+/-.
The stock confirms its continuous downtrend with the next feeble support in the$3.50 area.

The base that was to be an uptrend by the permabull and debunked by me , has proven to be false as so many others.
All trends are solidly down, indicators are mostly negative and the stock appears to to directing to a NEW 52 WEEK LOW.
THE DROP ON RELATIVE INCREASED VOLUME NOW CONFIRMS THEIR IS NO BUYING SUPPORT.
Bad research always leads to bad results. The Bulls can run from the results, but they can't hide from them.

[soflodiver]

I see the price bounced off $3.67 at 1:18 and again at 2:23 and 2:24 then opened at $3.67 then moved up at 2:25. It's also interesting to note that 398,890 shares were traded in the minute following the first bounce at 1:18.