Bloom Energy stock shows $2 million and $1 million trades around June 10-17. Using Camarilla pivots, bullish trades target $340 to $355.95 if price holds above $335, while bearish trades target $314.57 to $304.80 support if price breaks below $318.
Chapters
Largest trades in the last 30 days on Bloom, $2 million here at the bottom, right here June 10th. And so we had this print the next day, we opened, tagged it, started moving up. And then here around June 17th, we have this consolidation of prints. We shot up $1 million at the top, couldn't hold, tested it a few times, pulled back, and now we're trying again. So let's see, we got through all of these prints, and let's see if we can get up to this $3.45 and maybe make a new high. Otherwise, we can pull back potentially to these prints. Let's see what happens today. On the left-hand side, we've got my person's pivot Pivots and Camarilla Pivot Boss, and we will look for our intraday trade setups. We're going to be bullish above $335. Let's get above this cam right here. Target $340, $345.85 is this $1 million. Then we've got $350, $355.95 is R3, which is usually overbought. So let's see what happens. Then we've got $360, $365, $370, $380, $385.45, which is R4. This one moves about $32 in a day. So that's what we're mapping out for. We're going to be bearish below $318. Let's get below this low. This is support here, this cam. And so target $314.57, $310.81, $308.11, and then we're getting into a whole bunch of prints. That's a 200 exponential moving average. So sitting here at $307, $306, and $305, that's— what is it— 1.3 million sitting right here. And you can see that pre— at the post-market, we had some of these prints, this one, this 1 million yesterday, but on these 2 levels. But we came down, tagged it. shot up and then it looks bullish there. So let's see, this can be support. This is a fair value gap right here that we probably come down to this level. Then we've got 304.80, 301.00, 300.00, and then 296.95 down here. These are squished, there's a lot of data there. The 296.95 right here is the pivot, and so this is where I've stopped at the moment. That gives us close to this ATR, but this is massive support. So just mind this level here, and if you drop below, then you can stay in the trade. I would be taking profiteer on my own.
