Monday, July 7, 2008

FCEL and BLDP - Play of the Month.





BUY:

FUELCELL ENERGY IN(NasdaqGM: FCEL)

BALLARD POWER SYS(NasdaqGM: BLDP)



Time Frame (3-5 month swing - with profit strategies during this period - stay tuned)


Ballard Power is a weekly technical chart that has come to an inflexion point. This looks the best of the two and shows more symmetry than Fuelcell, which looks as if it trades in more of channel. Also, these are election plays and one of the best sources for the world wide bus market, next to natural gas, but as nat. gas gets more expensive, these type of systems look more attractive for domestic budget issues.

No comments: