PLUG POWER - WEEKLY Not bullish yet, still in a bear position.
PLUG POWER - DAILY KEYLEVELS These are my new keylevels to watch on daily tf. i dont like this rising wedge , also beceause he is in a downtrend.
PLUG POWER - READY FOR THE PUMP? As you can see, on weekly Time Frame we have a beautiful falling wedge, if this pattern will be broken with a broken resistance confirmation, there is a potential 10x in play. I have an average between 3-4 USD so in my case 30-32 area will be an 8x
These are my keylevels for Plug Power. As you can see, the price is stopped at the support zone and also it is in a 0.5fib area from entire structure so, it is an important level. I will add more shares tomorow in my portofolio to increase my average buy
Plug Power - 2W - Update These are my Keylevels for 2W time frame.
These are my Keylevels for PLUG. Just look how beauty it is. I love price action and that one gives me the possibilty to make and have an amazing chart = opportunity. I starting to acumulate PLUG. As you can see, there is an upptrend on 2W and a falling wedge on DAILY.
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
General Looking at 2 zones where i will buy equally amounts of PLUG for longterm hold. First buy zone is based on the support zone that generated the recent swing high (red circle). Main buy zone is a resistance level that gave support after it was broken for the big upswing. Target: Correlation between 50% of the weekly range and top of the last swing....
Plug Power Short Term We look to Sell at 29.61 (stop at 33.45) Preferred trade is to sell into rallies. Prices expected to stall near trend line resistance. In line with resistance, selling has been posted from 30.00. There is scope for mild buying at the open but gains should be limited. Our profit targets will be 17.27 and 14.78 Resistance: 30.00 /...
As excepted Plug closed above it's resistance at $19.06 and is currently pushing towards the upper part of its falling wedge.
Plug Power Short Term - We look to Sell at 18.09 (stop at 19.96) We look to sell rallies. The 50% Fibonacci retracement is located at 18.09 from 23.49 to 12.70. Short term bias is bearish. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 12.73 and 11.23 Resistance: 18.50 / 23.30 / 31.70 Support: 12.70...
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...
RSI divergent Double bottom on the 4h, although looking at the weekly it could retest long term support before breaks out UW flow bullish I will only add to my position in a couple days once confirms trend
Holding this week, I'm content for the candles to land in the rectangle if the market is still limping this week. I jumped in @ ~43 (yellow); I'm still feeling an upside here, though it may take me holding this an extra week or so than i originally wanted. My calls did bring some cash from the dip, so there was an upside.
Plug Power, Inc. ( NASDAQ:PLUG ) Sector: Electronic Technology (Electronic Components) Current Price: $44.55 Breakout price trigger: $45.35 Buy Zone (Top/Bottom Range): $42.50-$40.50 Price Target: $51.00-$52.75 Estimated Duration to Target: 26-30d Contract of Interest: $PLUG 1/21/22 45c Trade price as of publish date: $5.20/contract
Hello Traders, As you can see on the chart, PLUG is in the support line and ready to start raising toward the green lines. I will update it once we hit the target. *** This is not a financial advice, I'm still a beginner trying to share my Road here. Than you.
Accumulation is testing the upper price range, expect sell off and find support around earnings.
🔌 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.