Bloom Energy (BE): Favors Rally in to $247.8–$286.5 Zone Before Pullback

Bloom Energy Corporation., (BE) designs, manufactures, sells & install solid-oxide fuel cell systems for on-site power generation in the United States & globally. It offers Bloom Energy Server, a power generation platform to convert different fuels through electrochemical process. It comes under Industrials sector & trades at “BE” ticker at NYSE.

The BE favors rally in (1) of ((3)) after breaking the price channel from December-2025 low. It expects short term rally above $247.86 - $286.49 area to extend March-2026 rally. Buyers should wait for (2) pullback to get in as next opportunity. It rallied already more than 110% since March-2026 low.

In weekly, it made all time low of $2.44 in October-2019. It placed (I) at $44.95 high of February-2021 & (II) at $8.41 low of February-2024. Above there, it ended I of (III) at $147.86 high on 11.10.2025 high & II at $75.70 low on 12.17.2025. It placed ((1)) of I at $29.82 high, ((2)) at $15.15 low, ((3)) at $125.75 high, ((4)) at $88.23 low & ((5)) at $147.86 high. It ended (1) of ((3)) at $29.44 high, (2) at $24.04 low, (3) at $86.89 high, (4) at $61.37 low & (5) at $125.75 high. Below I high, it placed ((W)) at $76 low, ((X)) at $119.90 high & ((Y)) at $75.70 low as truncated move to end II correction.

BE - Elliott Wave Latest Daily View:

Above II low, it ended ((1)) of III at $180.90 high & ((2)) at $116.51 low. Within ((1)), it ended (1) at $96.49 high, (2) at $84.14 low, (3) at $176.49 high, (4) at $131 low & (5) at $180.90 high. In ((2)), it placed (W) at $132.50 low, (X) at $169.09 high & (Y) at $116.51 low. It already broke to new high, favoring (1) of ((3)). It ended 1 of (1) at $141.56 high, 2 at $123.16 low, 3 at $229.55 high, 4 at $200.23 low & favors 5 to end (1). Above $200.23 low, it can extend into $247.86 – $286.49 area to finish (1). Buyers should wait for (2) pullback in 3, 7 or 11 swings against 3.30.2026 low for next long opportunity.

Source: https://elliottwave-forecast.c...