BE offers a near-term rebound opportunity if price hits the 382 Fibonacci level by Oct 14, targeting retests of $236-$268.

BE is known for providing a lot of energy to AI data centers , specifically by using natural gas to help power them. Alternative energy sources . That's why Nancy Pelosi bought contracts at that time that expire at BE in the summer of 2027.

Now, what have we been doing since September of this year? We were forming a very long bullish flag pattern on the chart.

If you switch to the ten-minute timeframe, you can see that we were previously heading downwards, but then the "OpenAI" news came in. Look at that sudden, huge drop. Now, the stock has formed a bottom tail for 10 minutes, and since then the BE stock has recovered very well as you can see on the chart.

What I hope is, and as you can see, I have already drawn an upward trend line on the chart. Let me add the Fibonacci retracement tools that we have been using with head and shoulders patterns over the past two weeks.

As I remind you, anyone can do that, guys. Anyone can simply draw these axes and Fibonacci correction tools . Take it from the lowest pivot point to the highest, just as I did.

When you draw these trend lines below, your eye will be able to notice what I see here as well. If the selling pressure on BE stock continues, look, there is an X mark marking the point at the 382 Fibonacci retracement level.

In the very near term, if the price reaches there by October 14, it could be a very good chance of a bounce to retest the $236, $240 or $268 level as a minimum . So, 246.96. If we see continued selling over the next two days, I see this as a suitable area for a near-term rebound opportunity for BE stock.