FCEL was on a long term downtrend before hitting bottom in May 2019. It began to form a base for the next 1.5 yrs before propelling out of this base @ 4.00 on high volume and more than doubled in just 2 weeks.
It may appear expensive after having moved 150% in just 2 weeks. However the bigger picture is still looking like an early bull yet. I have to caution though that been a penny stock, it can be extremely volatile for a while (20% wild swing is plausible), hence trade/accumulate with with caution!
Lots of resistences on the way up too, hence could take a while to cross these hurdles.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
It may appear expensive after having moved 150% in just 2 weeks. However the bigger picture is still looking like an early bull yet. I have to caution though that been a penny stock, it can be extremely volatile for a while (20% wild swing is plausible), hence trade/accumulate with with caution!
Lots of resistences on the way up too, hence could take a while to cross these hurdles.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.