PLUG - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
This would be a great Buy Opportunity, IF NASDAQ:PLUG breaks up the Resistance line at $9.66 (with a whole Candle) !!
Plugpower
PLUG power price action forecast for next week!Our cycles analysis indicates the following forecast for price action this upcoming week! Will be utilizing 10$ strike Put and 13$ strike Call options for 8/21 and 8/28, respectively!!
Ultimately headed to 22-25$ per share by end of September 2020 in our view!!
Let us know your views in the comments below!!
United hydrogen and plug power Plug Power recently acquired United Hydrogen Group, one of the largest privately held merchant hydrogen producers in North America. It was the first independent company to offer a full suite of capabilities in liquid hydrogen production, distribution and logistics.The company has the capability to produce 6.4 tons of hydrogen each day with plans to increase that capacity to 10 tons daily in the near future, as well as plans for further expansion. With the two companies coming together we will be able to advance the hydrogen economy faster and more efficiently-Via PlugPower
PLUG LongOne of my trend retracement strategies . Average win Rate 50 - 80%.
Long 3.27
Stop Loss 2.90
Profit target at 2 times the stop loss. 3.98
PLUG - Clear Skies Plug has some exciting news coming up. First is their earnings, and second is YTD performance, and lastly, is new partnerships. Plug is one of the fastest growing investments in their sector. Clean energy is the future
Target $3.45 - $4.00
The key price for PLUG going in to earningstwo 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
PLUG Bearishness Waning (hourly technicals)Hourly chart showing impending MA Cross, pinching MACD and Stoch, RSI over 50. Probably volatile until the stock closes over $2.40, but if technicals follow through the bearish snap of the last few days could be over. However, a close below $2.20 puts $2.00 in play.
PLUG Break out of through resistance on large volume. BULLISH.PLUG (Plugpower) Break out through resistance on large volume and news that Amazon is buying 600m of shares. Resistance line broken at 2.40 now acting as support.
Plug power forming multiple XABCD patternsPlug power looks to be forming both a batwing and gartley XABCD pattern. It is currently in the bullish direction after forming an engulfing bullish line and a bullish 3-method formation on the .236 point, which it appears to be confirming with a bullish movement. I expect this to go to either $7 - 7.35 (high chance) or around $10.30 (low chance), at which point, both will result in a bearish trend.
