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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.

Nancy Pelosi's periodic transaction report, which is a fancy way of saying she bought the dip and it was probably her husband, but it doesn't matter because dang, they just spent millions of dollars buying Bloom Energy and Intel.

I see at least $15,000 worth of share purchases. I see call options that were purchased with a strike price of $100, so well in the money for a year out. They made these purchases on July 24th, so as usual, it's been 2 months.

Oh, actually no, it's been exactly 30 days. It's been exactly 30 days since the transaction, so of course we get the news late, but if you keep in mind what was going on a month ago, you'll remember that that was exactly when Leopold was getting Leo folded.

Who knows what kind of insider informa- info Nancy Pelosi had, but that's okay because on the 24th, the stock traded between $183 and a high of $218. That's literally in the strike range for where Bloom Energy is trading now at $205.

People have also been very very excited about Bloom Energy. This one has really been retracing down a lot and they have very large turbines. I'm just kidding. They don't have turbines.

Uh they're a um they're actually a fuel cell play and they they have pretty good pricing power on those fuel cells because you can set them up in like three to four months substantially faster than you can set up natural gas turbines.

And I don't really understand fully how it works, but I think it's very fascinating that you could basically chemically turn natural gas into energy uh without just lighting it on fire.

Uh which is that's seems kind of cool. Anyway, that's uh that's been a big uh data center uh component because hey, I could stand up a data center way faster. You know, it takes years to build uh like a you know, your your very own natural gas facility, let alone to get the the permitting for it. It's crazy. So, uh we'll see.