Lynn Steinbeck
09-27

$Bloom Energy Corp(BE)$ Is $500 on the table? On the weekly chart, that is the measured move. Not next week's print.

On-site power for AI racks that cannot wait for the grid. Oracle Jupiter still committed at roughly 2.4 GW. Brookfield wrapper at $25B. Q2 $1.06B, up 166%. FY guide $3.9-$4.2B. New 800V DC fuel-cell architecture. Market cap $78B. Next print Oct 29.

The multiple is the other side of it. P/E around 300. Already ran from $16 to $351.

Weekly: the rising line from $75 is intact. Held $157 and $185. Closed $288.70, up 9%, on 69M. SCTR 97.6. Pivot $252. High $351. R1 $394. R2 / measured move plus 76.5% equals $499.

$500 lives if $252 holds and $351 gets accepted. Lose the trendline and $179 is back in play.

The chart is built for $500. $252 keeps it alive.

NFA.

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