Notice how it hit the $1.00 and gave back a bunch of the early gain.
There's the evidence of resistance.
As you say, nothing specific moved the stock. The catalyst was PLUG's big contract. Yesterday Bloom had some good news.
FCEL's move was in sympathy with those two and was so battered that a bounce ( DEAD) was due.
Might test it again before returning to its downward draft.
Only a game changing piece of news could carry it further. Where's FEW ?
Also, the Contrary Indicator ( Hogwash ) said a 10,000% gain is in the offing. That's the TELL that its close to over and down it goes.
They talk to each other with feel good statements. But we know its non-sense as their record shows.
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