$FLNC This run is up 9.37%, 7.94, and it even tapped a high of 7.98, with trading volume of only 4.8M.

Honestly, I don’t really understand this volume. On the news front, Fluence just signed a multi-year battery supply agreement with EVE Power, which effectively locks in long-term costs—sounds like a positive.
But in the same batch of news there’s also one item: the product负责人 (product lead) resigned, and then a new COO and director were appointed right after. Is that really bullish? To me, it looks more like the market is betting on a sentiment rebound after some personnel turbulence.

There’s another detail. Earlier, an analysis directly asked: “After the 2026 guidance was lowered, does $FLNC still count as undervalued?” The guidance cut is an undeniable fundamental signal. In the energy storage segment, competition is extremely intense, and the price war hasn’t stopped.

So for me, these nine points are more likely short-covering plus a sentiment spike from the long-term supply agreement—not a trend reversal. The 7.98 level is crucial. If it can’t hold above it, odds are it will pull back to 7.25. If energy storage truly turns around, we need to look at orders and delivery data—not a one-day candlestick…

Don’t rush to chase it.