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PLUG

Plug Power -> Another 10.000% PumpMy 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 wealth! In today's anaylsis I want to take a look at the bigger picture on Tesla. Looking at Plug Power stock you can see that after the recent -90% correction Plug Power is now retesting a cluster of support zones from which we could see a decent move higher. Keep in mind that this is a very risky stock so keep your risk small on this trade. - - - - - - - - - - - - - - - - - - - - When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. - Philip Basic Trading - Keep the long term vision🫡
NASDAQ:PLUGLong
by basictradingtv
32
PLUG | Buy zones | Hydrogen risingGeneral 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. Stop-Loss: None (Long term investment) Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;)
NASDAQ:PLUGLong
by a_tale_of_bulls_and_bears
4
PLUG | InformativeNASDAQ:PLUG If the price of PLUG breaks above the bullish line of 12.22, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target price could be set at 12.98. Conversely, if the price of PLUG breaks below the bearish line of 11.99, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 11.75, 11.49, and 11.17. I'm bearish; we have a bearish engulfing on the daily chart and a few gaps below the current piece.
NASDAQ:PLUG
by shkspr
9
PLUG rises on EV Sector strengthPLUG on the daily chart demonstrates a VWAP breakout having first trended down into the lowermost VWAP bands from anchored VWAPs originating in November 2022 and January 2023. Fundamentally, PLUG is burning cash but less of it with each succeeding earnings report. In the past two months price has ascended through a couple of VWAP lines and has now crossed the mean VWAP in a sign of bullish momentum. Price bounced up from the POC line of the volume profile in a demonstration of bullish buying power and buyers defending that support level. The dual RSI indicator shows that the 3-hour time frame RSI line in blue crossed over the slower weekly time frame RSI line in black about June 28 and they are both above the 50 level is another bullish sign. On June 30, the zero-lag MACD had its lines descend to the horizontal zero line and bounce upward over a positive histogram. The relative volume indicator shows increasing overall volumes with the mean rising from 15M to 26M daily overall. The presumption is that increasing volume supports price action while decreasing volumes would cause price and volatility stagnation. From this analysis, I conclude the time is right for a long-swing trade of PLUG. i will zoom into a 15-30 minute time frame seeking a pivot low from which to enter using a stop loss of 12.15 and targeting those upper aVWAP bands/lines.
NASDAQ:PLUGLong
by AwesomeAvani
NKLA round bottom reversalNKLA has reversed a trend down in the past week as it clear concerns with potentially being delisted with NASDAQ. The symmetry in the trends is shown with an arc overlaid. This brings to mind a cup and handle pattern in progress. It seems likely the NKLA will have a bullish continuation from the good news of stability of its NASDAQ listing. Potential buyers on the sidelines may take positions and generate momentum. I will trade a long trade early in this upcoming shortened trading week. The longer-term anchored VWAP provides support as so just under that will be the stop loss. The first target is 1.70 which was a resistance level a few weeks ago.
NASDAQ:NKLALong
by AwesomeAvani
3
PLUG rises out of retracement of previous uptrendPLUG on the 4H chart presents healthy price action. It uptrended for a month starting in mid-May and then completed a 50% Fibonacci retracement from which it pivoted on Tuesday, June 27th. The zero-lag MACD shows a classical cross of lines under the histogram while the histogram was changing from negative to positive. Likewise, the RSI bottomed out at 32 and ascended to 55. All things pointing toward a well-established reversal, I will open a long trade here targeting the previous pivot high of 11.75 ( a tweezer top) on June 14th. The stop loss is 9.8 at the level of the pivot highs of June 7th. The trade potentially offers 15% profit in a week or two with minimal risk.
NASDAQ:PLUGLong
by AwesomeAvani
WKHS reverses in sync with NKLAWKHS is in similar circumstances as NKLA in the potential for a delisting due to low share price. NKLA has been cleared and is a bit above $1.00 ( see my bullish bias idea) Here WKHS is below $1.00 but is apparently reversing. On the 30 minute chart, price is rising and is above various VWAPs anchored to the left at various points. The last trading day saw a price rise of over 8% Relative volatility has changed from red to green and is above the running average. The zero-lag MACD shows parallel lines rising above the histogram. The three in one indicator shows that money flow, RSI movement and momentum are all bullish. I see the setup as sufficient for potential profit given the risk. I will take a long trade here selecting an exact entry on a lower time frame chart. The stop loss will be just below the VWAP lines at $0.8335. ( A rising tide lifts all boats? - FSR FCEL PLUG AND NKLA are rising . so are TSLA and Ford- I love the buoyancy !)
NASDAQ:WKHSLong
by AwesomeAvani
Time to buy PLUG? The PLUG short I posted a while back turned out to be right-on-the-money. Now I wonder if it's time to scale back in. PLUG has been absolutely hammered and is lagging behind the recent rally. I trade based on technicals, so I have no fundamentals to point to as to why this might be the time to buy PLUG, but looking at the chart, I can't help but think: Who the hell is selling here? We've clearly established some local support around HKEX:9 here, supported by the VPVR spike circled on the right. I think this is going to come down to macro trends, so this idea could easily get invalidated. But I've marked some targets based on previous levels I'll be looking to take profit on if we do see the rally I'm hoping for. If this idea^ doesn't sound all that convincing, then don't buy, I don't blame you. I would consider this a pretty aggressive entry point, but I'm not watching the market closely enough to wait around for more clear indicators of a reversal. So I'm yolo'ing in and will set an alert to prompt me to stop out if I'm wrong. I already got stopped out of my previous re-entry attempt, which is also partly which I'm scaling in. I also marked a mega-bear target, in case I'm horribly wrong and the market nukes or continues to slowly bleed down for some reason. Happy trades, CD
NASDAQ:PLUGLong
by cryptodonovan
5
Is Plug (NSDAQ:PLUG) Bearish Or A Strong Buy?NASDAQ:PLUG About Plug Power As the top supplier of complete hydrogen fuel cell (HFC) turnkey solutions, Plug Power is fostering the development of the hydrogen economy. In the midst of a persistent paradigm shift in the power, energy, and transportation sectors to address climate change and energy security, while delivering efficiency benefits and meeting sustainability targets sustainability targets, the company's breakthrough technology powers electric motors using hydrogen fuel cells. The first market for hydrogen fuel cell (HFC) technology was established by Plug Power. Because of this, the Company has installed more fuel cell systems for e-mobility than any other company in the world, and it also holds the record for buying the most liquid hydrogen thanks to the construction and operation of a hydrogen highway throughout North America. Furthermore, Plug Power offers end users a major value proposition that includes significant environmental advantages, efficiency improvements, quick refueling, and lower operating costs. The vertically integrated GenKey system from Plug Power brings all necessary components together to supply power, fuel, and service to clients including Amazon, BMW, The Southern Company, Carrefour, and Walmart. The company is currently utilizing its expertise, modular product architecture, and fundamental clients to quickly enter additional important areas, including as robots, data centers, and on-road zero-emission vehicles. Is PLUG a BUY or is it still BEARISH? Tradingview reports that 19 out of 30 analysts rate the Plug Power stock as a "strong buy", two analysts rate PLUG as a "buy", and the remaining nine analysts rate it as a "hold" with a maximum estimate of USD 78.00, an average estimate of USD 29.31, and a minimum estimate of USD 13.00. The current PLUG stock price is USD 13.12. The predicted EPS for Q4-2022 is expected to increase by 0.07 to -0.23 from the reported EPS 0.30 from the previous quarter. Analysts predict that the EPS will decrease annually by 0.25 from -0.82 to -1.07 when compared to the reported EPS from 2021. According to predictions, income will increase 2022 compared to 2021, by about 80%. -- Disclaimer Norvestio AS only offers analysis based on analyst estimates and historical data, and our articles are never meant to be taken as financial advice. It doesn’t represent an advice to buy or sell any stock, and it doesn’t take into consideration your goals or financial position.
NASDAQ:PLUG
by norvestio
Plug PowerThis is a 2-month chart (each candle represents a 2-month period) of Plug Power (PLUG). For those who are not already familiar, PLUG is an alternative energy company that develops and manufactures hydrogen fuel cell systems. I recently added PLUG to my portfolio as a long-term investment. In my opinion, it has one of the best long-term charts of any stock right now in terms of the potential for outsized gains in the future. I will explain my reasoning below. Chart Analysis The 2-month chart below shows the entire price history of PLUG. Throughout much of its history, PLUG was resisted by the EMA ribbon (yellow and red lines). The EMA ribbon is a collection of exponential moving averages that act as resistance when price reaches it from below and support when price reaches it from above. If we zoom in (see below), we can see that the EMA has tightened together and PLUG's price is now sitting right on the ribbon. When moving averages tighten like this, they can act as fairly strong support when the price falls to the moving averages from above. Each time PLUG's price has fallen below these moving averages buyers have stepped in, thus causing lower wicks to form. This suggests the market is validating the support of these moving averages. We can see in the chart below that the moving averages held as support even as the Stochastic RSI oscillated down. This is bullish. Indeed, PLUG is forming a bull flag pattern on the log-scale, higher-timeframe chart. A bull flag of this nature can signal a potentially lucrative investment opportunity. For those who read my post on using the money supply to gauge whether an asset is wealth-building, you would know that before entering a long-term investment position in PLUG one should first analyze the asset's chart relative to the money supply. (I've linked to this post in the related ideas below) In the above chart, we see the performance of PLUG relative to the money supply (M2SL). This chart tells us that throughout much of its history, PLUG was a wealth-losing investment asset since the stock's price moved down over time relative to the money supply. The EMA ribbon largely acted as resistance. However, the chart above shows that the moving averages are tightening together and that PLUG's price is consolidating within these tightening moving averages. This is a quite bullish sign. If a breakout occurs, an investment in PLUG could prove to be quite lucrative. In the chart below, I apply Fibonacci levels to the length of the pole that forms the bull flag. We can see a perfect Fibonacci retracement is occurring, as price is finding support at the 0.618 level on the log-adjusted chart. If the bull flag breaks out and a full Fibonacci spiral occurs, PLUG's price can move dramatically higher in the months and years to come. In the below chart, I construct the Fibonacci levels using the all-time peak to all-time low. I drew projection arrows to show two plausible growth possibilities. On a more complex, mathematical analysis, PLUG appears to be priming itself to "jump S-curves". For a more in-depth analysis on what "jumping S-curves" means, you can read my post on the topic linked below. In short, I explain that price action can be graphically represented as a logistic function. Jumping an S-curve occurs when an inflection point is reached whereafter price begins to explode higher at a nearly exponential rate. When the price of a company's stock jumps S-curves, there is usually some major impetus with regard to its earnings or profitability that occurs. For PLUG, that impetus could be hydrogen finally becoming a cost-effective form of energy. Hydrogen power is poised to benefit from multiple tailwinds in the years ahead: (1) Higher energy costs are driving capital into the development of alternative energy forms; (2) The transition to sustainable energy will drive investment capital into alternative forms of energy, including hydrogen fuel cells; (3) As hydrogen fuel cells gain massive adoption hydrogen power will become more cost-competitive. My strategy with PLUG is to accumulate shares in my brokerage and retirement accounts up to a certain defined percentage. I can only ever lose 100% of that defined percentage of my portfolio if I am wrong, but if my analysis is right, the gains may reach as much as 8,000% over the course of years. I know most people on here trade on much shorter timeframes than years, but my opinion is that the greatest wealth-building occurs by staying invested over the long term. Below are some interesting comparable charts. PLUG's current chart looks similar to Monster's chart in 2000 and AMD's chart in 2018. What's remarkable about these charts is how little of an effect even recessions had on the stocks' price movements. In the case of Monster, its price remained generally flat, despite the S&P 500 experiencing major declines during the early 2000s recession. In the case of AMD, one of the worst stock market crashes in history (March 2020) is barely apparent on its chart. This lends hope that even if the U.S. or global economy experiences a recession in the years ahead and the S&P 500 declines, perhaps stocks like PLUG will be less affected. To learn more about hydrogen energy including its advantages and disadvantages, you can check out this video from Bloomberg Quicktake: www.youtube.com As always, trade at your own risk. Anything can happen and my analysis can prove completely wrong. Feel free to leave constructive thoughts in the comments below. Thank you.
NASDAQ:PLUGLong
by SpyMasterTrades
68
Time to pull the PLUG?Plug Power - Short Term - We look to Sell at 14.94 (stop at 16.92) The medium term bias remains bearish. A break of the recent low at 13.68 should result in a further move lower. The sequence for trading is lower lows and highs. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. Preferred trade is to sell into rallies. Our profit targets will be 8.01 and 7.50 Resistance: 13.68 / 14.96 / 18.26 Support: 12.70 / 11.90 / 10.92 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:PLUGShort
by VantageMarkets
PLUG struggling after a break from IH&S.Plug Power - 30d expiry - We look to Sell at 19.18 (stop at 20.73) Broken out of the Head and Shoulders formation to the downside. Our short term bias remains negative. Bespoke resistance is located at 19.00. Preferred trade is to sell into rallies. Daily signals are bearish. We are trading at oversold extremes. Our profit targets will be 15.31 and 15.01 Resistance: 16.80 / 18.25 / 19.00 Support: 14.80 / 14.33 / 12.7 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:PLUGShort
by Saxo
$ENPH isn't the only solar stock, look at $SHLSShoals Tech Grp p is a leading provider of electrical balance of system or “EBOS” solutions for solar photovoltaic, energy storage and eMobility. IBD ranks NASDAQ:SHLS in number 6 of its industry and has a 95 in its relative strength rating. Looking at the company's valuations, pure fundamentalists would say it's overvalued. But, the technicals clearly signal leadership and strength relative to the market and its industry. Although, NASDAQ:PLUG , NASDAQ:PI and NASDAQ:FLNC look very good. Remember, price is king!
NASDAQ:SHLSLong
by dpuleo19
ENTRY OPPORTUNITY POTENTIAL - NASDAG - PLUG - WEEKLYThan k you for your likes and support - Really appreciate that! ________________________________________________________ The red line horizontal line is a solid historical price support. The orange horizontal line is the intermediary one and we have seen the market evolving around it and marking important moves from it/to it. The closer to the red line the better long entry point. We can see that surge in the price happened followed with a step decrease and some failure in the way down to get out of the pattern. The energy crisis will potentially find investors looking for alternatives still viable. What about Hydrogen to become THE alternative of ally of energy consumption alternatives ? Hydrogen is probably a big buy at the moment.
NASDAQ:PLUGLong
by Diallo_Charts_Ideas