BE touched its 200-day average as sales fell over the past ten days, then rebounded. It is below its 50-day average, not good, but above its 200-day, so not collapsing; it will likely stay here for a while. The channel uptrend is intact; little to worry about until 157, which it is not threatening.

This is BE, which is Bloom Energy. Bloom Energy experienced a drop in sales over the past ten days, and then the price dropped perfectly. This is truly remarkable; the price has dropped and touched the 200-day moving average with pinpoint accuracy.

Isn't that strange? Then the price rises due to the computers or whatever is happening. This is a great pattern. The price is below 50, so it's not good, but it's above 200, so at least it's not in a state of collapse right now.

It will likely stay at this level for a while, but it would be best to see some green candles soon to balance that out. However, the price is still in an upward trend if we draw a small imaginary channel.

There is not much to worry about until it reaches the 157 level, and it is not currently threatening that level. I don't think he will, but who knows? What do I know?