Apr. 24 at 7:41 PM
$FCEL personal observation & diligence identify the following to be true.
Yesterday support was around
$11.30 and today is currently around
$10.80.
Volume was significantly higher Tuesday, Wednesday & Thursday although volume is still well above Average today.
$10.80 is still 49% above last Friday's close of
$7.25. Historically I have always reminded people how much the stock is still up recently even after profit taking or a pull back. However, historically, when the SP declines, and continues declining after that "profit taking", the reversal day trades as many shares if not more than on the upswing. Hopefully we can establish support at or above
$10.80 by Monday or Tuesday then proceed to a newer 52 week high. At least some of the historical trading is Pavlov, but I'm not a dog, & I know that trend will change at some point, just like December 2020 when the trend broke to the tune of 1,400+%!