SamSuka
The Long Investor
The Long Investor

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$FCEL - RC -

$FCEL pulled back after a failed attempt to break out above the top trend line, the 200 Day MA was just above too and did not test it either.

That being said, the pull back held support at the previous low exactly, which is the 0.78 Fib, so we have a double bottom now (both circled in white) and a bounce.

So $FCEL looks ready to test the trend line again.

Break out above the trend line is at $2.60 and needs to hold above, next test will be the 200 Day MA, a flip here to support and we have a reversal indicator and that's bullish.

$FCEL - RC -

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