Proteostasis Theraputics, Inc. ($PTI) is a Biotechnology company in the Healthcare sector. This stock is finally recovering after its waterfall on “Tuesday after results from a phase two trial of proprietary cystic fibrosis therapy showed that the mean absolute improvement in percent predicted forced expiratory volume in one second, or ppFEV1, lagged that of Vertex Pharmaceuticals’ (VTRX) triple-drug combination, trikafta.” It formed a nice descending wedge going into close last trading session, and I plan to day trade this over the $2.35 natural resistance level!
FuelCell Energy, Inc. ($FCEL) is an Industrial Electrical Equipment company in the Industrial Goods sector. This company announced today that the start of commercial operation of the 2.8 megawatt fuel cell project located at the city of Tulare, California’s waste water treatment facility. This milestone is the culmination of fifty years of innovation optimizing the application of SureSource power plants for power generation with on-site renewable fuels. I plan to day trade this over the $2.00 natural resistance level!