FCEL — gap-reversal
| Event date | 2026-07-08 |
| Timeframe | 3m |
| Market cap | $1.7B |
| Volume vs. average | 1.0x |
| Risk Reward | +3.0 |
| Tags | offering |
Summary
Offering, not good news but the 20% gap overnight on a 1.7 B cap company makes it a good setup. It started strong but I waited for a first deep before getting in. It had excellent risk reward even with a late entry. It had a few red days on the way down, finally ending on a gap to go long into. Daily chart reference.
Reference
