$PLUG needs to break through 2.14$Plug popped up on my radar but it has some work to do before it gets moving
PLUG
Plug power forming multiple XABCD patternsPlug power looks to be forming both a batwing and gartley XABCD pattern. It is currently in the bullish direction after forming an engulfing bullish line and a bullish 3-method formation on the .236 point, which it appears to be confirming with a bullish movement. I expect this to go to either $7 - 7.35 (high chance) or around $10.30 (low chance), at which point, both will result in a bearish trend.
$PLUG in a corner for next breakoutMilestones ahead for traders of $PLUG. The next breakout could be soon yet volume must be produced. Currently, there is a decrease in volume, leading to a consolidation period. Support line is not strongly established as the resistance line. This can lead to bearish movement. Holders of low strike price are able to withstand volatility daily traders with tight entry points should use protective stop limits.
PLUG - Chart On WatchAscending wedge setting up, watching for 6.40 area break, CMF flip, RSI bounce off 50, Accumulate around 6.00, Target 8.00
