PLUG is on a support line tested several times. Target price: 70 Expected Returns: >100%
I see a strong support around 27-28$ dollar relating moving averages, because the last MA was already broken and the next leg would be 106 $ Like if you agree and follow Fell free to follow.
Plug ONE.1 (Destiny 1) Cant say I know any fundamentals of this project so please DYOR Ive never seen a graph so BULLISH!!!
The last few weeks have seen some stocks in the renewable or "clean" energy sector hit hard. The hype around hydrogen also seemed to be broken. After the price peak at the end of January, Plug Power slid by about 46 %. Since last Friday, however, the hydrogen company has awoken from its hibernation and gained around 45 %. Where do we go from here? Plug Power...
took a litte longer.. but the formation looks good and if this week the US Yields stay lover or fall .. good for the stock market... so RSI is low, MACD is turning around... mid of the year could reach the goal of 75
JPM upgrade. Possible pump potential! looks like a temp bottom is in Buy the dip. Long over 53 First target 56, 2ND 60 3RD 65
Plug Power - two possivle routs for Q1 - depends if it can break out on top or will make a second round to stay in the bullish flag.
Plug Power - update - support at 37,30 was there - there is a chance now that we could create a bullish flag n we reach the hights of January again
Plug Power - possible turn around
Reward/Risk: 2/1 Entry: 59.08 or at a higher price Stop: 66.00 Target: 43.00 Options Play: March 19 55/50 Put Vertical
Plug is hitting the bottom of a channel right now. It will bounce off bottom hourly red channel that and hit Target 1🎯in 2-3 days by lets say... 3/18/21 Then, I hope it sees more volume and hits Target 2🎯, the top of the channel. RSI (not pictured) is looking low to support bull move. Counterpoint to myself -Volume currently is meh.
possible route for Q1/Q2 Plug Power to reach an old resistance area
Maybe the next trading day will tell you. In my opinion, a lot depends on supporting the 200-days moving average.
AS YOU CAN SEE FOR 6 MINUTES TWO INTERESTING STOCKS IN THE E CARS BUSINESS. SO RELEVANT INFORMATIONS COULD BE FIND HERE. :)
Picked up some PLUG calls for EOW. Looks like we have a lot of great signals indicating a bullish rest of the week. GLHF
PLUG LOOKS TO HAVE FOUND BOTTOM AND COULD BE A GOOD PLAY FOR THE SHORT TERM 2-3 WEEKS OUT
Guys this is a very promising company in the long run, but it is overbought and therefore we could see a sale in the short term. The main electric car etf fell 5% and this is one of the companies within the etf.