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March 11, 2014
10:53 EDTFCELFuelCell spikes higher after earnings, levels to watch
The company reported results last night that matched expectations for a 4 cent loss for Q1. Commentary from the CEO regarding future orders were positive. Price was last up 14.5% to $4.52, with shares hitting a fresh 52-week high at $4.74 earlier in the session which is now resistance. Support is at $4.25. On a multi-year chart, it does appear that there is a long-base breakout in progress which took place when price crossed resistance at $2.50. This is long-term bullish for price.
News For FCEL From The Last 14 Days
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August 28, 2014
08:36 EDTFCELFuelCell's carbon capture project receives $1.2M from U.S. DOE to advance
FuelCell Energy announced the progression into stage three of a carbon capture development project supported by a previously announced award from the U.S. Department of Energy Office of Fossil Energy's Carbon Capture Program. The project focuses on using Direct FuelCell technology to separate carbon dioxide from the emissions of coal-fired power plants. FuelCell Energy has received $1.2M to continue into phase three of the project including the validation of the CO2 capture process using a DFC fuel cell stack.
August 20, 2014
10:54 EDTFCELFuelCell mentioned cautiously by TheStreetSweeper
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