Plug Power - PLUG - Another higher High will confirm up trend - Can PLUG make a power move upward?
Hello traders and investors! Let’s see how PLUG is doing today! First, we had a Double Bottom triggered in the 1h chart, and the key point was the $ 30.40 – remember this point. What’s more, it did defeat this key point by doing a Breakaway Gap. Now, the technical target is the $ 34.35, but since PLUG is quite far from its 21 ema, pullbacks are expected, but not...
🔌 PLUG 6/22-7/9 Trade Plan 🔌 📈 Long Above SL 30.60's 🎯 TGT near 31.50's, 32.70's, 34.30's, ❌ SL 30.60's 📉 Short Rejecting 29.70's 🎯 TGT near 28.70's, 27.60's, 26.70's ❌ 30.30's ✅ Trend Line Confluence from May 2021 Lows. ✅ Earnings Report coming up on tomorrow morning, June 22nd. Wait for a Confirmation before Entering.
I think the attitude will turn very bullish sooner than later. The higher low may but I think this is a good one to hold on to for several months, and it could be at a launch pad right now.
PLUG looking to make its next move that will be determined by the price action in the coming week, we have a very decent bullish setup with a nice trading range that gives solid risk rewards profile. As you can see we have multiple areas of support and resistance and are currently sitting on the $31 support level, a very important price to hold. More bullish...
I took a long on 5/26 (dotted red line was my stop) and added to that position today. Clean breakout above resistance.
If you believe the Nasdaq is going to hit ATH next, PLUG is one of the stocks that can outperform the index (or underperform if it drops). Either way, it is a fact that we have a descending triangle here, the bottom is at 29.81 and it seems it is trying to break the upper line. The RSI has an advanced breakout that could work for us. The problem is the RSI in...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team got into $PLUG Tuesday evening at $30.75 per share. The stock now...
Overview PLUG is one of my favorite Stocks already since 2 years. While i dont really care about fundamentals, it is to mention that the German Government will put 8 trillion Euros into the field of hydrogen and as PLUG is one of the big players in that particular field - its worth to mention. Specially since the last time similiar news came out (in November...
Yo! not much to say here.. the possible outcomes you can see on the charts Dont forget that the stochastics shows overbought! Goodluck, t347. NASDAQ:PLUG
PLUG has been in an aggressive downward move this year. The chart shows two failed attempts to get through the $29.60 resistance level. It is now attempting a 3rd and I'm bullish. Why? The price action shows the aggressive downward move, a breakout from this move around $26.30 and a slight rotation of the angles indicating we may have found a bottom and...
$PLUG retraced 70% from it's all time highs during this 2021 - Now looking at it's price action its seems that it has bottomed already - wait for a higher low and a break above $30 and the 200 MA to confirm IH&S pattern. Feel free to long above those levels when this happens. Earnings might be the catalyst for the break. I will keep an eye on this name.
Testing accuract data on Market Chameleon.
After a long time, it is time for another $PLUG TA. It is an important week for the fuel cell manufacturer, as the company is estimated to report earnings on coming Thursday, May 20th 🔌🚀 Just to reflect on the chart of last months, since the 26th of January, $PLUG was unfortunately not able to get any higher highs. Completely reasonable, as the stock had to...
Plug - I thought it would bounce back first.. but maybe that was finally the break out .. ready for a healthy n slow gaining
During these times of volatility, inflation fears mean the end of the world for paper hands. But hey, who can blame them. Today we will be examining PLUG POWER. Pretty simple really, the maximum retrace level is 85.4% which is .146. This is equivalent to 13.4-13.7, our target entry. Under ideal conditions, We should see a big breakout from this falling wedge....
Stocks are an instrument to allocate money from inpatient investors to patient investors. Plug could be a chance for everyone to become a millionaire in next two years. Just invest and hodl. No financial advice 🦍💎🤲