FuelCell Energy (NASDAQ: FCEL) has now reached our first price target, turning this into a strong breakout trade in a very short period of time.
We first recommended FCEL on April 22, 2026, with a buy level above approximately $9.80. The stock has now reached Price Target 1 at $13.00, marking a gain of roughly 33% from entry in under two weeks.
That kind of move deserves attention — and more importantly, it deserves a plan.
How We’d Manage the Trade From Here
For traders looking to reduce risk: Consider selling a portion of the position here to lock in gains at Price Target 1, while letting the remainder run toward Price Target 2 at $16.00.
For traders with a higher risk appetite: You may choose to continue holding the full position, but with your stop-loss now trailed up to $13.00 on a closing basis. From here, the goal would be to stay with the move as long as momentum remains intact and target a full exit at $16.00, which would represent a potential gain of roughly 63% from the original entry.
Bottom Line
FCEL has already delivered a strong first leg higher, and hitting Price Target 1 gives traders a chance to shift from offense to discipline.
Whether you scale out here or continue holding for the full move, the key now is to protect gains while still giving the trade room to work. That’s how you stay in the game long enough to catch the bigger winners.
Happy Trading!
Tara and Greg
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