How Schwab Network’s view on $BE changed

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 The long-term upward trend line in blue is still in place , but it has been replaced by a sharper white trend line pointing upwards.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

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.