Plug Power Inc. (NASDAQ: NASDAQ:PLUG ) is making headlines as it announces the commencement of operations at its groundbreaking green hydrogen plant in Georgia – the largest of its kind in the U.S. This development, coupled with a significant financial lifeline from the Department of Energy (DOE), has sent the company's stock soaring, marking a potential comeback...
I received my confirmation and NASDAQ:PLUG is working lower into $3.20 Support. Expecting to see some consolidation once it reaches this demand zone. Will wait for NASDAQ:PLUG to reach its target and I will update next move.
Target = $3.25 - 3.20
Probabilty = High
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Watching NASDAQ:PLUG closely, we may be breaking lower to $3.20 Support. This idea will be invalidated if we break & close above $4.50 on a Daily candle. Will update later with a confirmation.
It appears that Plug has started to trade within a symmetrical triangle which could lead us to believe the bullish trend will continue. If we break above the wedge it will be confirmation that the bullish upward trend will continue for more profit. My next price target would be $5.50 for plug if we break above. NASDAQ:PLUG
NASDAQ:PLUG Plug Power Inc
Long term PTs 75 - 105 and higher
Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem,...
A lot of bullish order flow coming in. Entering long on market open on Tuesday.
Please trade at your own risk. This is MY personal trade. I am posting this for educational purposes only.
It appears that we may be entering the accumulation phase of Plugs trading cycle.
We are starting to see higher highs and higher lows. Currently I am Bullish on this trade and have entered Option Calls for another step up in Janurary based on these factors below.
-Appearance of complete trend reversal incoming
-Higher Highs and Higher Lows
-Golden Cross on the...
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
So, quickly. The price is still in a downtrend, and confirmations of a change are relatively high (changes on a high interval). On the positive side, we have reached the liquidity level from which the last significant increases occurred in 2020/21. This means the price could be very attractive for investors again. Those who invested here a long time ago in the...
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
First stock idea I've shared... *gasp*
For the past 8 years, my strategy has mostly just been to hold a bunch of tech and green energy stocks forever, and that worked quite well, until recently.
Now that I'm a little more tuned in to Macro, markets, etc, I see nothing bullish right now, and would rather be in cash to set buys at lower levels. I also want to...
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.
Analyzing the options chain and the chart patterns of PLUG Plug Power prior to the earnings report this week,
I would consider purchasing the 6usd strike price in the money Calls with
an expiration date of 2023-11-10,
for a premium of approximately $0.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
