On June 5th, Fuel Cell Energy reached a price where the fund sold its stake for a 35 percent profit. Reasons for the trade are below. We will likely revisit Fuel Cell as financials and partnerships become clearer as the technology has the opportunity to have a sizable effect on climate change.
- The price has increased over 35% in the last month
- There is a sizable resistance at the 3.00 range
- The fund is looking to diversify its holdings in regards to climate change
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
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