BE: Base on Base Breakout – Gap Up to All-Time Highs
By:TradingView
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
The Setup:
Bloom Energy (BE) is exhibiting elite relative strength, remaining strong in a weak market. The stock has constructed a high-conviction 5-month base that resulted in a base on base formation—one of the most powerful continuation patterns in technical analysis. After clearing out weak hands through a series of shakeouts, the stock has triggered a decisive Gap Up to All-Time Highs. With the broader market recovering from a deep correction, this blue-sky breakout in a strong industry marks an ideal time to build exposure.
Tip: Use the BEX ETF for 2x leveraged exposure.
Reasoning:
Bloom Energy (BE) is exhibiting elite relative strength, remaining strong in a weak market. The stock has constructed a high-conviction 5-month base that resulted in a base on base formation—one of the most powerful continuation patterns in technical analysis. After clearing out weak hands through a series of shakeouts, the stock has triggered a decisive Gap Up to All-Time Highs. With the broader market recovering from a deep correction, this blue-sky breakout in a strong industry marks an ideal time to build exposure.
Tip: Use the BEX ETF for 2x leveraged exposure.
Reasoning:
- Strong in a weak market (Exceptional relative strength)
- 5-month base leading to a base on base structure
- Shakeouts (Successfully cleared overhead supply)
- Gap Up to All-Time High (Zero overhead resistance)
- Strong industry tailwinds
- Leverage Option: BEX (2x ETF)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
NASDAQ TRADE HALT CONTINUES <UCFI.O> REASON NOT AVAILABLE AT 09:00 AM
Reuters•2026/09/28 13:00
Lifecore Biomedical To Be Acquired By Webster Equity Partners >LFCR
Dow Jones•2026/09/28 12:45
UK Chancellor Healey: We will maintain control of Britain's finances
FXStreet•2026/09/28 11:57
Crypto prices
More
Bitcoin
BTC
$83,384.23
-1.46%
Ethereum
ETH
$2,684.39
-0.53%
Tether USDt
USDT
$0.9997
-0.00%
BNB
BNB
$765.83
-1.59%
XRP
XRP
$1.52
-0.56%
USDC
USDC
$1.0000
+0.02%
Solana
SOL
$119.57
-2.55%
TRON
TRX
$0.3348
+0.33%
Zcash
ZEC
$1,594.21
-3.30%
Hyperliquid
HYPE
$89.55
-2.80%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now