Long | PLUG | Swing Trade
Possible Scenario: LONG
Evidence: Price Action,
TP1 ~70$
* 33% Profit, best buy opportunity
*Based on market condition maybe it fills the gap and then hit the target, it's much stronger if it fills the gap first.
This is my idea and could be wrong 100%
Call options 70$, March 19
PLUG
KODK : The sleeping giant.Hello All. Here is my analysis that is not so far fetched.
Pros:
1. Partnership with microsoft.
2. Solid institutions bought in December 2020
3. Pharmaceutical Division pending
4. Low float count in available shares
5. Multiple failed breakouts but solid consolidation
6. Potential Loan coming from the Federal Government to kick start Pharmaceutical Division
CATALYST: Short interest is between 18% - 24%.
I am long with two short term targets. $17 & $20. Not to mention, calls are super bullish for this month all the way through April. Hang tight and be patient.
Plug looks like a sell to me.I have entered a sell on Plug. See chart. The publications from Lord Skin are not advice or a recommendation to buy, sell or hold any investment. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment.
Potential Top in PLUGBefore I start, I want to make clear I am not a permabear. I've been long PLUG, FCEL, and BLDP at varying times of this bull run via commons and calls. They've been great. But this chart pattern has the look of a top. For candlestick nerds (like me) out there, this has the potential for a Dumpling Top. PLUG exploded 100%+ in six trading days (on a closing basis) and has since put in a bunch of relatively small candles. An attempt higher on 01/26 on lower volume unsurprisingly failed. The following day it gapped lower and closed on the lows on higher volume. In order to confirm a Dumpling Top, a gap down is required. And looking at how the market closed Friday and the way the crypto markets are trading currently, I wouldn't be surprised if we get that gap down on Monday.
This could certainly morph into a high tight flag setup, but I think the current conditions warrant caution. PLUG closed Friday below the 10-day EMA. I'm currently long UVXY, TWM, and PLUG puts. Good luck next week!






















