Aug. 8 at 9:55 PM
$BE
is trading near
$213.65 as institutional buyers smash a massive
$1.6M block into the Sep 04
$235 calls on the ask, alongside heavy sweep positioning in the Oct 16
$310 strikes. The underlying stock needs a +9.99% move to push those
$235 contracts in-the-money. Fuel cell and power grid demand is exploding. 🐂 🎯
Bull Key Levels: Holding a structural base above
$190.00 is essential to protect the recovery slope and maintain upside continuation. 🐂 🔥
Bear Key Levels: Slipping under
$165.00 invalidates the immediate setup and triggers a deeper retest of macro support zones. 🐻 ⚠️
Take Profit Targets:
$245.00 /
$280.00. 💰 🎯
#hovdid #BE #BloomEnergy #CleanEnergy #Trading