Outlook - FuelCell Energy ST: as long as 1.99 is support look for 3.66
Our pivot point stands at 1.99.
Our preference: as long as 1.99 is support look for 3.66.
Alternative scenario: the downside breakout of 1.99 would call for 1.47 and
1.16.
Comment: the RSI is above its neutrality area at 50. The MACD is below its
signal line and positive. The stock could retrace in the short term.
Moreover, the stock is trading under its 20 day MA (2.64) but above its 50
day MA (1.97).