FCEL oversold and looking for a bounce

[TheChartGuru]

Oversold and looking for a bounce

The Guru has spoken

[bahroor]

Frank,

Can you give me your opinion on these?

http://stockcharts.com/h-sc/ui?s=CWTD&p=D&b=5&g=0&id=p70252399483

http://stockcharts.com/h-sc/ui?s=ARBA&p=D&b=5&g=0&id=p70252399483

http://stockcharts.com/h-sc/ui?s=AVNR&p=D&b=5&g=0&id=p70252399483
saw your reply to AVNR on other thread. ty

[TheChartGuru]

CWTD has resistance at the MA(10). Looks like it's going lower

ARBA looks better then CWTD, but I rather wait for it to touch the MA(10) for a possible uptrend confirmation

AVNR is the best candidate for a bounce of the three. It is really oversold. I would throw some mad money on it at this level. I just don't see it going below $2.80 the rest of the day. If it goes below $2.80, I'm loading the boat!

The Guru has spoken

[TheChartGuru]

FCEL getting ready for take off

The Guru has spoken

[BigSlick]

Another great call TCG!! Setting a new HOD right now!

[ub3rn00ber]

TCG, what do you think is a good exit price? a little over 7?

[manowarfan1]

Is there any reason (in the charts) why this one cant get back to $8? Still new at the techie stuff but it certainly looks to my untrained eye like there is a lot of room to move up before bumping head on a ceiling.

jeff

[ub3rn00ber]

I sold at 7.04 in hopes of a pullback +

[TheChartGuru]

I sold at 7.04 in hopes of a pullback +


FCEL is hitting it's head on the trendline. If it closes above $7, or at least consolidates here for a couple of days, it will run to $8 and possibly beyond.

Notice the POSITIVE DIVERGENCE on the MACD. Price was going lower while the MACD was moving higher. I think FCEL will be at $8 by next week if not sooner.

http://stockcharts.com/h-sc/ui?s=FCEL&p=D&yr=0&mn=3&dy=0&id=p68775368844

The Guru has spoken

[k-dog]

I sold FCEL today because it could not break resistance at 7.00ish on heavy volume. I am thinking it could pull back some before taking another shot at resistance. I am learning TA and do see the positive divergence on the MACD so I realize there are still some bullish signals. What do some of you other posters think. Is that faulty thinking?

[TheChartGuru]

I sold FCEL today because it could not break resistance at 7.00ish on heavy volume. I am thinking it could pull back some before taking another shot at resistance. I am learning TA and do see the positive divergence on the MACD so I realize there are still some bullish signals. What do some of you other posters think. Is that faulty thinking?

FCEL is now trading between the MA(10) and MA(20), so it may consolidate here for a couple of days. Keep on your watchlist because it does have momentum and it can break out at any time

The Guru has spoken

[k-dog]

Thanks for your input chartguru. I will be watching as close as I can. I placed a limit order today for 6.65. We will see if it drops that low again in the near future.