Bloom Energy Corporation
Long
Updated

115% Profit Potential - 1:1.15 RR

218
There may be a short term retracement/consolidation period before moving to the upside but period should be limited due to elevated short float.

Trade: Active
Entry: 17
Stop: 2.99
Target1: 37.53 (50% of Position)
Target2: 49.04 (50% of Position)
Notes: If T1 is hit, stop loss for remaining position size of 50% will be moved up to 26

Personal Log
Note
Weekly chart just posted confirmation - Trade is looking stronger.
Note
Initial target has been changed to 34.78
Note
Target1 has been reached - 50% of position has been closed
Final Target remains 37.53
Trade closed: target reached
Final target reached. Trade closed.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.