Technical Analysis Of Fuelcell Energy Inc.
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Today’s instrument is FuelCell Energy Inc.’s stock traded in the Nasdaq exchange under the ticker FCEL.
Looking at the FCEL’s chart, we can see that it has been in a downtrend, and it was lastly traded at around $2.40.
Today, FCEL is announcing its quarterly earnings and if the market’s anticipation is positive, then we could expect its price to pass the resistance level at around $2.50 and approach the next one at around $3. On the other hand, it should retreat towards its support level at around $2.
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