PLUG has bounced into a very important price zone.
Confluence zone of long term fib along with local fib.
Break-n-Retest to mark Bottom, or Reject to new lows.
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Confluence zone of long term fib along with local fib.
Break-n-Retest to mark Bottom, or Reject to new lows.
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Trade active
BREAK OUT ?Poking nostrils above water line.
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Zoom in (m5)
Nice bounces off sister fibs (red 8.471 and 6.853).
Subsequent fib bounces like that are a great sign.
We just might have a successful Break-n-Retest.
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Watching closely now, this could fly or flop here.
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Trade active
This the one?The breakout? Pretty strong surge today.
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Zoom in (m5) with some notes:
Blew through our well-proven resistance.
Currently hung up on a fib of down wave.
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Adding a fib to our bounce this far:
Early stages but green-stripe fib might fib.
So we watch the 2.618 at $2.57 then the 4.236.
Green 4.236 reinforced by red 2.618 at $2.93/95
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.