$BEFalling wedge along a horizontal resistance.
Classic bullish divergence on the Daily and Weekly MACD confirmed and developing.
Stop = Close below support
Target = Resistance
BE trade ideas
Bloom EnergyWe like hydrogen as the goto hydrocarbon replacement of the future
Charting this up as a yardstick
Think it has a lot more down
Buy range $7-15
NOT TRADING ADVICE
G.R.I. Dec '21
Investment idea for Bloom Energy BEWhen we look at the chart we can see that the price has been respecting the support zone in the past and that it is now looking to bounce off it again. All of the other things that I think about this stock on a technical chart analysis you can find on the chart.
The only thing that you do need to know is that this is a little risky so if you do want to go in do it with a small portion of your funds.
If you have any questions feel free to send me a message.
Feel free to share your idea for stock in the comments.
If you like the idea do not forget to give it a like and share it with your friends.
BE LONG ( BLOOM ENERGY COORPORATION)s.e 13.85
s.l 5.35
t.p 41
bloom energy corporation is an american coorporation that deal with alternative energy.
the fibonacci retracement shows correctly yhe support and resistance of be. in according with alligator we can see that there is a bullish trend actually but looking the macd and rsi, we can easily comprend that could be a inversion in the next few weeks.
no financial advice
TRADE JOURNAL (#3): LONG BENYSE:BE :
Price pullback to its buy zone that aligns with the 61.8% retracement level. I had missed the triple bottom, and decided to enter early into the market. There is also a well formed consolidation (horizontal channel ) around the 61.8% retracement. My assumption is that this industry is a good sector that would probably be trending higher in the coming years.
S/L is placed blow the lows of the whole pullback. Could be relatively tight. But would be a good sign to enter at a better price if it does get hit.
T/P is placed at the 1.618% Fib extension level. Considering the severity of the climate change effects in recent weeks, there could be a good push for green energy alternatives that may push prices higher for this stock.
(This stock was entered with the view that green energy alternatives would be taken seriously by countries and that markets are undervaluing the potential of these companies for future environmental sustainability).
BE looks weakHead and shoulders
bad earnings
downtrending channel
under 200 ma
looks like a short play for me
🟢 $BE Target 32.10 for 31.72% (49% from here)🟢 $BE Target 32.10 for 31.72% (49% from here)
Or double position at 16.64
Is it the energy sector's turn again?? That would be fun...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Bloom energy NYSE: BEBeen trading this one for a while but exited position some time ago looking for a new entry, I started building a new line in march and averaged into a small draw down since then, but the last few weeks we have made a solid rally out from the broadening wedge to finally break the zone.
We are pitted against some strong resistance right now but it doesnt look to bad, what im more excited about is the lack of previous structure from the sell off in feb.
This often means we have a clear run when breaking overhead resistance or equilibrium level and the major trend has turned bullish with HL and HH with a slight increase in volume is putting the momentum on our side.
EQ around 34 and a supply block at 40 where the price really got knocked down but still 70%+ from my average entry to there so will be pretty happy with this position if we can get that high.
Will keep a close eye on it for now for this momentum to slow down as it may be a sign to jump ship early.
Trading Idea: BLOOM ENERY (BE)Price has broken the $27 resistance after a series of accumulation activities and is likely to be an opportunity for swing trade.
$BE - Inverse head & shoulder inside broadening wedge Forming inverse head and shoulder inside a broadening wedge.
Validation point - $28
Good case - $30
Best case - $35
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
BE by requestI made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move.
Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well.
Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move.
If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share.
Thank you,
iCantw84it
06.08.2021
LONG BLOOM ENERGY Bullish Shark & Bullish MTFsThe Harmonic Shark Pattern (Daily Timeframe) is rather strong and successful by nature. Bloom Energy just finished it followed by a first reversal to their resistanct at $23.03 which but packed up with bullish lower timeframes and decent volumes.
Fibonacci Extensions showed that $23.03 is a 0.681, yes, bit strong but given the bullish market sentiment whilst having PLUG Power indirectly pulling BE as well could lead to even target prices ranging between $25 and $28 in the days to come, possibly.
$BE Target 34.78 for 28.58% $BE Target 34.78 for 28.58%
Or next add level is at 19.70
Bottom... or one more add at 19.70? Place your bets.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
BE - Good Reversal Potential Here All,
I think BE here could be a reversal candle and potentially breakout soon. Worth watching has some pretty good swing as well.
I SNIPED this Bloom TA, but I'm not happy about it. 😩I like Bloom's tech, but I was considering $18 the lowest it could go. I held a bunch of shares but got tired of waiting for this to happen. I'm not surprised at all it went to 18 though. Targets are $30 and above.
$BE Target 34.78 for 28.58% $BE Target 34.78 for 28.58%
Or next add level is at 19.70
I didn't add here, just charting and organizing my portfolio
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$BE - swing trade$BE has an entry zone of $27.29 - $28.70
I got in yesterday and started to build my position.
In case you are wrong, using 20/40/40 method for taking a full position has proven valuable to me.
My first entry is for 20% of a whole position then I average in ONLY when the stock is going up or on dips if the up trend is strong and formed.
I used volume shelves to determine levels for buying. I do not buy if a day candle wicks into the range, the closing price must be above the target entry zone.
I have good reason for holding the entry zone on close and have been burned when entering intra-day on wicks into the zone (look at JMIA - a close above $68 was my entry, never made and I ended up in a loser).
Earnings come within a couple of weeks, so mind your position with earnings beat or miss in mind and have the appropriate position managed around earnings.
Target 1 is around $32.30, where i expect to run into consolidation and resistance, target 2 is $40.
So you can see the swing trade will result in around 12.5% - 39.4%.
BE - Getting near to a pop soon?BE has been in a frustrating slow grind generally downwards for the past 6 weeks while a Bullish Divergence between Price and RSI has been slowly building.
It tested a possible strong support at 21.90 yesterday and quickly rebounded to close a rather strong candle.
The odds are getting better that the worst could be over. However we might not see real momentum yet until the RSI rises above 50.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
Bloom Energy Update - Important Levels and TrendsHonestly, I don't know exactly what will happen with Bloom in the short term.
Worst case scenario, it taps 18, then bounces hard, which will confirm a full retracement of the over-extension.
The simple trend line I have should bring us to 30 soon.
The 200 Daily EMA has been reclaimed, as of today. It must hold til the end of the week.
I predict Bloom will hit $75, minimum, by the end of 2021.
$BE Target 34.78 for 28.58% - Or next add level at 19.70$BE Target 34.78 for 28.58%
Or next add level at 19.70
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
BE - Watching the handle completeLooks like we're a day or so away from breaking out of the downward channel formed as part of the cup's handle. There's some resistance around 30, and then we're on our way to breaking out past the cup's top at around $35.
Upside of a cup and handle completing is ~$35 from the point where it breaks the downward channel (so ~$28 + $35). Of course this will happen with some retracing along the way.
Good luck!
