LOOK TO BUY IN GREEN RANGE, SELL IN GREEN RANGE 2
STOPLOSS AT TOP OF WAVE 1, ENTRY BELOW/AT CURRENT PRICE, PROJECTION = WAVE 5=1 ( WAVE 3>1)
r/r 4.08 and 1.83 respectively for short term profit targets
stop at MA
3.21 risk reward
13% short interest implies 4.37 long interest. this setup assumes a move lower on earnings.
risk reward 1.5
Using fib support/resistance
Should be time for a corrective wave sooner rather than later
possible pivot points
two doll hairs.
PLUG had been stuck in a downtrend for 1072 days before getting its bump back in february. two dollars seems to check out for me as an opportune entry point
Since the 82 day period,approximately 40 or so days have passed..