BE

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 .