Plug Power, Inc.Updated PLUG 1 hour BULL CHANNEL PLAY
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.
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.
Note
If it breaks the red hourly line, PLUG would drop to $50's or upper $40's. I think this would happen if the entire sector and or market is weak in the next week. Otherwise it should bounce off the red hourly.Trade closed manually
Red support line broken :(Note
There was NEWS today, seemingly positive, so maybe it broke support because people sell the news.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.