A Historic OccasionĢ021 could be the most significant year in recent memory, in terms of progress in getting pro-sustainability legislation on the books in the U.S. Meanwhile, you can keep plenty of dry powder ready for future opportunities. The open secret of surviving high-volatility investments is to only own a few shares. Whatever you choose to do, please maintain a very moderate position size. And if you’re not accustomed to daily price moves of 5% or more, you’d better find a seat belt and strap in tightly. If your time horizon is long enough, then $8 or $9 could actually be a reasonable buy price. Really, it’s a matter of picking your buy price and sticking to it.

However, you don’t have to wait for FCEL stock to decline to $6, as this might not happen anytime soon, or at all.

There does appear to be support at the $6 level, as the buyers have held that level on multiple occasions. Sensible investors must deal with the price action of today, challenging as it may be. Those were good times, but they’re in the rear-view mirror now. Without a doubt, FCEL stock traders would like to rewind the clock so they could revisit the stock’s early-2021 move from $10 to nearly $30. Moreover, FuelCell’s tie-in with an energy-market giant just got stronger, and will last longer. recently took a huge step forward in implementing Earth-friendly policy. Still, it’s much easier to envision the potential upside as the U.S. This is a long-term outlook, however, and there will likely be volatility along the way. Ultimately, it’s all about the national and global shift toward sustainable practices and carbon neutrality.Īs governments pass clean energy friendly policies, FCEL stock holders could enjoy significant returns. Yet, FuelCell’s bright future as a business isn’t just dependent on luck.

Carbon capture stocks