$HTOO: Potential Bullish Reversal - Solid News & Webcast Ticker NASDAQ:HTOO - Fusion Fuel Green PLC
We could be looking at a nice test and cross of the Ichimoku Cloud, here represented on a 1 Month chart. This price movement is also accompanied with news regarding the selection and acceptance of a 650M$ project funded by the EU, which Fusion Fuel proposed in regards to the hydrogen transition, please read in more detail below in the press release of Feb.16 2024.
There is also a Webcast for investors on March 6th, which could lead to some updates on positive revenue forecast and more details over the 650M$ project and next steps.
This company is currently valued at around 32M$, which could be undervalued if this project goes forward, IMO.
I'll be sitting long in the short to mid-term and might sell for profits at some critical levels.
Happy trading.
