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We had Bloom as one of the worst performers on Monday, one of the best performing stocks yesterday. Today, we're down about 4%. So, uh walk me through how you're looking at Bloom overall and and then how you're looking to trade Bloom right now.

Bloom Energy, uh, you know, this is a stock uh, you know, really just years ago. I mean, it's pretty wild to think about this. When I first started trading this stock, it was like eight or nine dollars.

Cool tech. It was really kind of new back then. Um, nobody knew about it. It was like this company with their little containerbased battery packs and it was kind of you know like I said no one knew about it.

Uh took off on a massive run since then and then uh you know a lot of news loosely tied in with SpaceX and then obviously got added to the S&P 500. I mean this is pretty rare that we see those singledigit stocks end up in the S&P 500.

Now, what I like about it is, you know, like as you mentioned, it's kind of had that rocky last couple weeks, but kind of much like that Nvidia chart. It just keeps trying to kind of break out.

Uh tried a couple months ago, failed, sold off pretty hard. It's kind of back into that range before it broke out. So, I get, you know, really what I'm looking at on chart is and and Rick will probably map out these levels as well, but like I think if we can get to that 310, 320 area, it'll finally be enough momentum kind of that one, two, three times a lady test that we talk about in short-term trading.

So, if it can break those, like I said, 310 320 levels, I think that you got a great odds of all-time highs. And we know what happens when these stocks hit all-time highs. people get FOMO, they start uh buying into them because they missed the move and they push them higher.

So, like the technology, like uh uh the the idea, but really from a technical standpoint, I think it's poised to break out again.

Here's Bloom Energy, a very popular stock that gained its fame because of Nancy Pelosi. Well, that's part of the reason. Bloom Energy also has an interesting business, but take a look at the technical analysis here.

See, when Bloom Energy was moving sideways within a certain range, the Bollinger Band was fairly narrow. It was a little smaller and not very wide . Then, when Bloom Energy experienced a lot of volatility and started trading downwards and facing a lot of negative momentum, that's when the Bollinger Band widened significantly .

It widens noticeably during downturns. That's because more volatility means there are more possibilities for the stock to move further in the future, either downwards or upwards.

Yes, there is an exceptionally strong and outstanding performance from Bloom here. We can also see that it is a standout company even among alternative energy infrastructure companies here.

But what we have seen recently has been a kind of moderation in price movement. We recorded a peak at 351.28 during the past twelve weeks, and since then we have been trending downwards.

But we broke through the downtrend line in blue. The long-term upward trend line in blue is still in place , but it has been replaced by a sharper white trend line pointing upwards.

So, for now, we have reached a high point around 280 . Friday looked like we might break the downtrend line, but today's pre-market activity has likely pushed us back strongly above that level.

Bloom Energy. I'm also seeing more and more advertisements for Bloom Energy. 13. I would love to hear what you think on this one. Um today we are breaking out of this formation.

I think this is actually kind of set up to move higher here. I see another significant resistance level at 318. We probably get one also at 300 for the round number. But what do you think about this formation here?

We, you know, we've basically tested the 200 twice, started to push up from that, recaptured some other moving averages, we've consolidated above the 100, and now today it looks like we're trying to break the structure to the upside.

It's okay. Be came into the 65 EMA and looked like it was going to bounce. This actually had an all right setup here in the pre-market. Uh here is a trend line that maybe represents a target.

We'll see. This thing looks like it's setting up.

this looks like it's trying to uh Bloom Energy is trying to set up to make a break over 280. Uh couple of days, you know, uh this is uh actually this week, Tuesday and Wednesday.

Uh both days trying to push through that uh after that ran out of gas, this thing came back in u yesterday, almost filled the gap to the downside. So, I think that's I think that's the level to watch for here with Bloom Energy is a break through uh 280.

Uh looks like if we get that, we could uh come up with the next resistance area, which looks to be 300.

Well, I like Bloom Energy. Doesn't mean you need to like it. It means to mean if you like this one you could start researching it, but I like it over the 50-day moving average and it's now starting to move up and it's got a couple of days of good volume on it to kind of help it out.

The reason that Bloom Energy has become the huge winner that it's been over the past year or two for investors is because they can power up these data centers extremely quickly.

And the irony here is Bloom Energy's basically pitch to investors even during the pandemic was this was going to be a green energy company. We were going to be able to make hydrogen through electrolysis.

We were going to be able to turn that hydrogen into power very easily and cost effectively with Bloom Energy fuel cells. Now that's all kind of off the table and we're going back to the way that Bloom Energy has always run and that was actually operating with natural gas as the fuel source.

Let's take a look at " Bloom Energy". We have last year's data. Wow, that was a really volatile stock . The stock has moved significantly, and it's more like a bet on the AI infrastructure.

It was affected by the heavy selling in July, with the stock dropping from 350 to around 160. Huge fluctuations, but since July 29, when it closed at its lowest point at 163.75, the stock has risen by 66.5%.

Just a rise since July 29th. So, it's a truly impressive recovery for Bloom Energy shares. There is also a lot of news, or rather big news, that we need to discuss.

Also, show favorite and trader favorite Bloom Energy also set to join. This has been an absolute monster recently. Uh even after its pullback to the 200 here, it actually provides some pretty good action. This looks like it's trying to break out.

Yeah, th this has been a classic buy buy the dip every time that you can in Bloom Energy. It it um and especially with with uh a friendly environment from the crypto side. So, yes.

Let's talk about "Bloom Energy," a name chosen by many of our guests, and now there's big news about it. Yes, big news for Bloom Energy. Its shares are booming this morning. The stock is currently up more than 7 %, or nearly 8% , on the back of news that it will be added to the S&P 500 index.

It will join the broadest benchmark of US stocks on September 21 .

I have a huge incentive for Bloom Energy. Take a look at the arrow. Four days ago, I talked about Bloom Energy when the stock price was $215. And now, the stock took off spectacularly.

After five days, it rose by 20%. The stock price is now $266.

One of the biggest catalysts that will happen to Bloom Energy in the future is its inclusion in the S&P 500 index. Bloom Energy will officially enter the S &P 500 index before trading begins on September 21.

Oh , Jason owns "Bloom Energy". Bloom Energy is a favorite stock of Nancy Pelosi. She loves him very much. I got in early and it was the favorite stock last year. I think it's "B" , right?

Okay. Oh, it's already on my list . So, where is " Bloom Energy"? Where are you ? There should be a pair there. Good. So, this too. Crazy growth. His performance is very good. The trend is still downward.

It is fluctuating here at the 212 level, the fourth level. I will wait until his course changes. Um, let's take another look at the financial data. Let 's see what they have. The price-to-earnings ratio is 281.

Very expensive. Good. Now , if they were on the verge of creating self-driving cars and humanoid robots, I wouldn't have a problem with that. But this situation, I have a problem with it.

It is extremely expensive. Revenue growth appears to be slowing, and profit growth is fluctuating and unstable. I know they are in high demand for building artificial intelligence and natural gas, but would I get close to it ? no. both. Um, I think there are safer options.

So, Bloom is fine. Uh, no problem at all. They've been under a fairly, you know, decent correction here as of late. uh they provide energy power um to data centers and that's certainly one of those

Bloom is fine. Uh, no problem at all. They've been under a fairly, you know, decent correction here as of late. uh they provide energy power um to data centers and that's certainly one of those and and again you know GEV is the generation side.

Uh but yeah so Bloom Energy is fine again it's been under a fairly let me see if I can pull up a see if my whisbang computer over here will actually cooperate with me this morning.

Guys, we got to talk about Bloom Energy. This stock has a lot of implied volatility, which is the focus of my video today. I want to give you analysis on Bloom Energy.

So on August 19th, Bloom introduced Power Connect. And for the past two weeks, my community has been asking me a lot about this stock and I've covered it a couple times on my channel.

It's been very interesting. But now I think this is a perfect opportunity for investors to run an option strategy that I'll discuss later. But first I want to give you a breakdown of the technical analysis and what I think is going to happen with Bloom Energy next.

What are we talking about? Bloom Energy. Bloom Energy here, guys. I think I skipped right over that. Bloom Energy closed at 218.21.

Bloom Energy has a two a 64.27 billion market cap. 29 analysts rated a buy with a $275 target.

Yeah, Bloom Energy. That's one I've I've always kept my eye on. I'm definitely going to be looking into that more, which we can do right now. Let's Let's pull up the chart on Bloom Energy.