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Plugpower

Bout to run off on the $PLUG $PLUG has earnings this week, Monday May 9th after the market closes. My sentiment for obvious reasons I hope. $PLUG currently has a head and shoulders trading within a descending triangle on the daily and weekly. I kind of don't like the head and shoulders because the first shoulder doesn't touch the neckline but nonetheless There's also a small gap from 17.7 to 16.70ish on the daily. I think there's two things that are probably occurrences for $PLUG earnings. 1. Dependent on earnings report and macro market sentiment it could bounce to 24/25 area within or slightly outside of the top of the triangle. 2. Will breakdown outside the triangle on (another) missed earnings report and head towards small gap aforementioned above. Price targets: 17.70 16.70 14 I plan to watch the price action on Monday to figure out when will be the best time to enter a trade. If we have a green day I'll wait until i feel like the peak has reached or if we're downtrending I will wait for confirmation on 5 and 15 minute time frames to confirm the trend. Obviously an earnings play so probably risking 3-5% max off my account.
NASDAQ:PLUGShort
by markbully
More power to this Plug. PLUGGoals 28, 31, 35. Invalidation at 17 We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NASDAQ:PLUGLong
by Rykin_Capital
2
Has The Plug Been Pulled? Plug Power - Short Term - We look to Sell at 24.46 (stop at 27.27) We look to sell rallies. Previous support at 24.00 now becomes resistance. The bias is still for lower levels and we look for any gains to be limited. Our overall sentiment remains bearish looking for lower levels. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 24.00, resulting in improved risk/reward. Our profit targets will be 14.62 and 12.21 Resistance: 24.00 / 30.00 / 40.00 Support: 17.50 / 15.00 / 10.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:PLUGShort
by Saxo
Plug Power, out of power, power plug. PLUGWe just completed a 5 Wave impulse, and waiting for a drop. How low remains to be seen. Actually, so does the confirmation, so relatively aggressive here. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:PLUGShort
by Rykin_Capital
3
Plug Power back on the trend linePLUG is a long term play, tesla hedge (10 Years) As long as PLUG is on this trend I will continue to dollar cost average daily - for beginners this literally means start off slow on cashapp with $10/day - for advance traders DCAing at levels you feel comfortable buying and buying BIG #getwrecked If it dips below the parallel stop DCA and find another trade u might want to participate in IF it rises above feel free to take profit and buy other assets or go on amazon and treat yo self trading is about YOU and not your personal life finance communities make it about the community never feel ashamed to profit off a great trade people that bully are those that have lost and have broken their own rules time and time again #notonmighwatch
NASDAQ:PLUGLong
by Toro138
PLUG: WATCH FOR BREAK OUT OF THE ICHIMOKU CLOUDPLUG ICHIMOKU ANALYSIS : The price is currently supported by Kijun, Tenkan and 20 and 50 EMAs, with Kinjun and Tenkan about to cross over. The price action is building pressure for a move above the 2 following resistances: 1. the current candle is just at the top of the cloud, looking for a break out. 2. The lagging span is stuck below the 100 EMA and the cloud. Watch for a retest and a potential break. I'm entering a long trade on Plug . Good risk vs reward trade as a stop can be placed just below the 50 EMA. Success will also depend of the overall market next week. All targets on the chart . Trade safe.
NASDAQ:PLUGLong
by Elpidaldo
PLUG: Several bullish patterns around!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 required. If it drops again to its 21 ema, it would be an opportunity to buy. Now, the daily chart: Remember the $ 30.40? The market seems to remember this price level quite well, and it has been working as support/resistance since December last year. Today’s volume is very good, and this might be an Ignition Bar. Although the short-term target is the $ 34.35, the daily chart suggests it could hit the $ 37.75, or even the $ 48.35 next. The gap (yellow square) can help to attract the price to higher levels. Let’s see if this will be an Ignition Bar or not. Either way, remember to follow me to keep in touch with my daily updates, and please, support this idea if it helped you! Thank you very much!
NASDAQ:PLUG
by Nathan_The_Finance_Hydra
14