First the factors against us
-Weak price strength based on 9 day SMA
-WEAK price direction based on 180 day SMA
-DOWNward tend line
So other than another shaky day in the overall market I think FCEL is consolidating to fill an old gap between 6.15 and 5.80. The lowest we've seen in the today (8/16/21) @ 5.94 then regaining some strength and holding support at 6.08.
in all consider if the ads are in you favor before jumping in even though up side is massive how long are you willing to hold... Best
-Weak price strength based on 9 day SMA
-WEAK price direction based on 180 day SMA
-DOWNward tend line
So other than another shaky day in the overall market I think FCEL is consolidating to fill an old gap between 6.15 and 5.80. The lowest we've seen in the today (8/16/21) @ 5.94 then regaining some strength and holding support at 6.08.
in all consider if the ads are in you favor before jumping in even though up side is massive how long are you willing to hold... Best
