Ya I was surprised by todays short push. It was atypical but clearly there. Push pause push and again in the last hour as price rebounded too quickly. A short squeeze would be nice. A follow up on MOU with a beat this quarter would really be nice. I believe Few is aware of long shareholder sentiment, and delisting not an option. He didn't come this far to fail. FCEL is a bigger company than meets the eye. Once we get through this doldrum we fly snd never look back.
Basic Technical Analysis: THe support was $1.00. It shows up on a chart multiple times. When it broke below , it broke major support. Once that occurs, $1.00 become Resistance There is no support from this level until minor support shows at $.75. $.50 looks possible as well. There is no debate on support and resistance levels. The stock remains in an elongated downtrend with nothing to indicate it will change. Until it does which is at levels considerable above $1.00 the technicals continue to flash a SELL. Continuous mis-leading reading of charts and indicators are a clear indication of a lack of basic understaning of Techncal Analysis. Your record proves it.
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