FCEL 3hour chart
White line -Consolidation range
yellow line - Trendline
charting Fcel and found that its basically been in a range since mid August. Trading between 7.8 - 5.5.
It got rejected off of 7.8 again Friday. I'll be looking to enter short here if it falls through that trendline.
I wouldn't go long on calls until I see a close above 8$.
If it breaks trendline and falls below 7.10. short back to 5.8
White line -Consolidation range
yellow line - Trendline
charting Fcel and found that its basically been in a range since mid August. Trading between 7.8 - 5.5.
It got rejected off of 7.8 again Friday. I'll be looking to enter short here if it falls through that trendline.
I wouldn't go long on calls until I see a close above 8$.
If it breaks trendline and falls below 7.10. short back to 5.8
