Downloading...
Download

BLDP

$BLDP Is Nearing A Major Breakout$BLDP is on the doorsteps of new 2 year highs. The stock has been steadily climbing the charts this year and is up 135% ytd. After last Friday's high of $5.70, there is a double top at $5.70 and $5.72 a share. Above that, there's a strong trend line leading to $6. While some can play the break above the double top, a breakout above $6 is a clear signal to go long. Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products worldwide. The company offers heavy duty modules, fuel cell stacks, backup power systems, and portable power/ unmanned aerial vehicles, and material handling products. In addition, it provides technology solutions comprising engineering services and technology transfer services, as well as licenses and sells intellectual property portfolio for various fuel cell applications. Its products are applied to transit bus, rail, material handling, truck, marine, and infrastructure. The company markets its products in China, Germany, the United States, Japan, Belgium, Denmark, the United Kingdom, the Netherlands, Canada, Taiwan, France, Poland, Finland, Norway, Spain, and internationally. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. As always, trade with caution and use protective stops. Good luck to all!
NASDAQ:BLDPLong
by OptionsGains
3
Pottentila long term run from BLDPBallard power systems is one of the positions that I have spotted as having the most potential. From March to April (2019) it has seen a huge drop of about 18%. In addition, it traded sideways from the 12th to the 21st (of March). Although they experienced this huge drop, in the month of April, the stock was up 22%. This month (May 2019), Ballard has developed a Next-gen fuel cell module which they announced would be used in freight trucks in a Canadian hydrogen project as well as 20 busses in London. These contracts can be seen to be the reason that the stock is up so far in May. The MACD has also shown a strong buy signal on the 25th of march which has kept moving in a bullish pattern. Furthermore, the RSI is also on an upward trend. I have roughly identified a support line (purple) that I believe could serve as a strong indicator as the stock has bounced up from it last month and a few weeks into the month of May. I have also identified the blue line as a resistance point. I took into account past highs from the last month that did not break through. This stock would be a viable option to keep for the long term as the trend over the last couple months has continued upwards.
NASDAQ:BLDPLong
by John_morales1
BLDP - Flag formation long term long up to $4.34BLDP is forming a nice flag formation with huge volume, rally was backed by a recent contract. However, in the weekly frame it is forming nice upward momentum. We think it has very good upside potential in long term. * Trade Criteria * Date first found- April 10, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $2.83 or pull back to $2.70 Exit Target Criteria- $2.47 Stop Loss Criteria- $4.34 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:BLDPLong
by AcornWealthCorp