BLDP moving, CPST next?

Ballard Power is moving nicely here and it is only logical for other traders to begin their hunt for other fuel cell company stocks.

Unfortunately, FCEL broke down yesterday and that is no longer a real viable option.

The best looking chart in the group right now is CPST

The 10 minute chart of CPST shown above indicates some short term levels of resistance, yesterday’s high of 3.81, the weekly high at 3.85 (attained on Wednesday) and the high of the recent move at 3.95. These three levels should be overcome fairly easily, the bigger level is the 4.00 level referenced in the post below. I am long some here and plan on adding to the position as momentum picks up.