Member Info for carbon8ed

It took a big drop to get here but the stock is finally oversold on the daily chart, but just barely. Technical analysis may be of limited use here but it’s something to do while hunkered down. Who knows where it will go and when but we are getting to an extreme chart wise.

ReoninV - I am not so sure that sub-20 is a safe bet. The 20 level was strong resistance on the way up and we bounced off that ceiling many times, so a case can be made that it is now support, especially since we've bounced off of what is now a floor at least once. Also, the 50 day moving average was the low point on the last significant pullback and has also served as support (so far, anyway) this time around. I never know for sure what the market will do, but we can look back to see what it has done in the past to get some ideas.

What are you expecting Alwaysone? Ballard's results are out and the stock is trading up 2% while the Dow is getting hammered (again).

muscorum - if you look at a weekly chart over a 5 year timeframe, there is a pattern that has formed over about the past four and a half years known as a "cup and handle". The target for that pattern is obtained by subtracting the low point of the cup from the rimline and then adding that number to the rimline. So, in this case 27.5 - 2.5 = 25. 25 + 27.5 = 52.5, or 53, if you round up to the next whole number.

Alwaysone - I am not a technical trader but I do use charts as a reference. There are no guarantees in the market so no, they cannot be relied upon to foretell the future. For traders, it is all about probabilities and charting is a tool that you can use to visually see what is happening and assign probabilities to what could happen next. But like I said, I would not rely on it. Just ask anyone that has been trying to short Tesla because the chart says that it's overbought.

muscorum - a gap is created when the trading ranges for two successive sessions do not overlap. In this case, AFC traded up to about 26 on a Friday and then traded only as low as 27 on the following Monday. That left a gap between 26 and 27. The stock traded up to 38 and change by Tuesday of this week, but spent the next three sessions consolidating that sharp move up and today, finally got back down to the point where the gap that was created on Monday was filled. I don't think this site allows pasting links, or I would do so, but if you look at a daily chart of AFC then you will see what I mean. The reason why it matters is that gaps almost always get filled, sooner or later. Nature abhors a vacuum. So the fact that it got filled today is a good thing, imo, because it will take it off the To Do list. If one were shorting AFC, the bottom of the gap would be a logical place to put your buy to cover order.

Although consolidations are not nearly as fun as the runs that precede them, they should be expected, especially after a run from 20 to 38 in seven sessions. So while the stock was overbought on a technical basis a few days ago, now it is not. This is all necessary to regroup for the next leg higher, imo. Also, there was a large gap on the daily chart that got filled today, so it is no longer a concern, from a technical perspective. Fundamentally, AFC is doing the things that will build a foundation for rapid growth in the coming years but it will most likely be a bumpy ride for some time. We will all feel a lot better when we see some sales news that confirm real traction in the market.

Muscorum - market cap, okay, agreed but the article discusses the price action. Anyone evaluating the company on that basis alone should definitely wait to buy in so they can enjoy the relative safety of owning a mid or large cap. ;^)

The article says the stock is at all time highs, which is incorrect. We still have to double from here to get close to making a new all time high. Some backing and filling here is healthy imo, need to refuel energy for the next wave up.

aimmillionaire - agreed, because of the volume today, I would expect to see follow through tomorrow and maybe the rest of the week. This is a time to hold these shares tight, and not get clever, imo.

Should be "we saw", not "we say"...

jgbb123 - agreed, we say a 400% rise in a month in 2010 and a 600% rise in 2015. The first one occured within a month, the second one took four months. In both cases, the stock ended up retracing almost the entire move or more, taking 2 years in the first instance and 4 years in the second instance. Given the improvement in fundamentals, I believe this rise will be more sustainable and will be digested with sideways movement vs. a full retrace. We will see...

Haggis - Agreed. I did not say those other systems are equivalent, but they are all aimed at the same market. I think those systems help validate the market but also inherently and inadvertently highlight the benefits of AFC's approach.

AFC is not the only one pursuing this market, which is a good thing, imo. If they were the only ones going after it then it would probably mean they were barking up the wrong tree.

Powr2 Hybrid Energy Storage Systems Provide Silent Hybrid Power

Construction battery power source automatically draws charge form line power, generator, or solar array only as needed to supply continuous power for job needs

https://www.forconstructionpros.com/equipment/worksite/video/21115903/powr2-video-powr2-hybrid-energy-storage-systems-provide-silent-hybrid-power

FCI - the first link you posted is an AFC Energy playlist that looks like it may have been assembled by someone outside the company. It looks like there are a couple of YouTube channels created by AFC. One is an older channel, the other is the one that is linked on the website (and has no content as of yet).

https://www.youtube.com/watch?v=Mv8CQPS4H10&list=PLy-iB46W-GIM5BaGJirkZ3CyjRg4qKh8D

https://www.youtube.com/user/afcenergy

https://www.youtube.com/channel/UCB4ZZajjXTKuNe44DQFQ6RQ/featured

"Adequate charging options and availability of 24/7 electricity is a must. Building EV ecosystems around transport hubs will provide a conducive environment for EVs to operate."

https://www.industrialautomationindia.in/interviewsitm/9092/The-century-old-automobile-industry-is-transforming-to-eMobility/interviews

https://www.industrialautomationindia.in/interviewsitm/9092/The-century-old-automobile-industry-is-transforming-to-eMobility/interviews

mucksy, Shell is in the EV charger biz:

https://www.shell.co.uk/motorist/welcome-to-shell-recharge.html

"Generally speaking, battery solutions are more suitable in case of short and medium length of non-electrified sections, while hydrogen solutions are best to use when range is key."

http://ow.ly/qpCK50yfKGd

Patrick Koller, CEO of Faurecia, said, “Fuel cell electric vehicle technology will become significant in the powertrain mix in the next 10 to 15 years, in particular for commercial vehicles.”

https://www.h2-view.com/story/faurecia-to-provide-technology-for-1600-hyundai-hydrogen-mobility-trucks/

Ditto BumbleB...