According to @tradingviewdata, Bloom Energy (BE) stock gained 6.5% last week, closing above its 100-day moving average after consolidating around the 200-day average for two months. Technical analysis shows a golden cross on the weekly chart, a bullish indicator, while short interest remains high at 25% (source: @tradingviewdata, 2024-06-07). Traders should monitor for breakout confirmation above key resistance, which could trigger a rapid move toward the $25 level. This stock movement could influence related renewable energy and green tech crypto projects, as institutional interest and volatility spill over into blockchain-linked assets.

According to Stock Talk (@stocktalkweekly), RBC Capital has reiterated its 'Outperform' rating for Bloom Energy (BE) and set a $26 price target, citing increasing electricity demand and ongoing grid constraints as key drivers for growth. RBC Capital's analysis highlights that Bloom Energy's co-location solutions are well positioned to benefit from these macro trends, which could impact energy-related crypto mining operations that rely on stable and scalable grid infrastructure. Traders are advised to monitor BE's performance, as the company's progress may influence energy costs and supply for crypto market participants and blockchain data centers. (Source: Stock Talk on Twitter, June 5, 2025)