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Zenger
Zenger
Environment
Melanie Schaffer

Will FuelCell Energy See A Long-Term Reversal Or A Dead Cat Bounce? A Technical Analysis

FuelCell FuelCell Energy Inc
FuelCell Energy, Inc spiked over 6% higher at one point on Friday morning on continued bullish momentum after negating a bear flag pattern Wednesday. GETTY IMAGES 
Having declined about 92% since the Feb. 10, 2021 all-time high of $29.44, FuelCell could be in for a longer-term reversal or the recent move north could be part of a shorter-term dead cat bounce. DAVID MCNEW/GETTY IMAGES 

FuelCell Energy, Inc (NASDAQ: FCEL) spiked over 6% higher at one point on Friday morning on continued bullish momentum after negating a bear flag pattern Wednesday.

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