4PLUG trade ideas
PLUG LONG BUYGeorge McNamee, chairman of Plug Power's board of directors, purchased 200,000 shares of Plug stock worth more than $426,000 in September.
McNamee now owns 661,131 shares of Plug’s common stock, according to a U.S. Securities and Exchange Commission disclosure filed on Monday.
CEO Andy Marsh has been working to make Plug profitable for the first time in 20 years. He came to Plug Power in 2008 with an overhauled business plan and has spent the last nine years converting Plug from a research company into a manufacturer. (bizjournals.com)
Looks like trend reversal already happenedAfter falling for a long while, price seems to be recovering and raising again.
After the breakout, it trys to form new highs. Wait for the confirmation of a new high, then let the pullback come and enter as price goes up again. At least thats how I do it.
EMA 200 tells us to go long as well, for me not a question, all signs point to the sky
Cheers and good trades to all of you.
Always make your own analysis, don't just trust anyone!
Harmonic Targets: $2.33 and $2.97Bullish butterfly completed, then (Friday) stock tested/held support, then (today) 9/21 moving averages crossed.
xdaystogo.com
Bought a little PLUGPLUG has corrected from its April burst in what appears to be a bull flag. It has allowed the 50 dma to catch to the price and 10 & 20 dma. Today it burst higher through all of them.
Maybe the 3-year downtrend is reversing, resuming the larger uptrend started in 2013. Who knows? Just another small bet in the game.
Bought 2.07, stop below the 10dma around 1.92. Risking less than $100 for now.
PLUG Daily Chart LookStill has a good chance to break up; good news recently; I agree that the Amazon deal will pay off.
PLUG Daily chart reviewI bought the news of Amazon's deal with $PLUG; I am seeing things turning up possibly...
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
Longer trend line will most likey prevail on this one.Was hoping for a break out, but I think the longer up trend will eventually win. Will average in a price around the rising trend line and will sell at the upper resistance "red" line.
Could possible be in an uptrend channel. Will be interesting to see if it follows the uptrend to the predicted PT of $3.00.
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 $2.00 in play.
PnF double top break out in PLUGShould AMZN partnership and major shareholder with PLUG be synergistic, the probability of the price to be in the double digits is high, very high.
PLUG Break out of through resistance on large volume. BULLISH.PLUG (Plugpower) Break out through resistance on large volume and news that Amazon is buying 600m of shares. Resistance line broken at 2.40 now acting as support.
LongI believe this is a good entry point. With the AMAZON deal the company situation changed quite alot . Not only it'll be a future owner but also a partner that will do eveything to ensure it'll make extra cash. Technichals show a uptrend continuance. My target is the 3$
PLUG- Long To Start & Then Short To End!!From 4 hour chart of PLUG- tomorrow's trading will initially go up to in between $1.53 to $1.56, then look LEFT on chart. This is a resistance area since 11/2016 (November). On lower either intra daily or 1 mn time frames, will be going long or with TREND beginning of trading, but when price reversal zone noted above (orange area on chart) is violated by PA & RSI indicator below (red line) is broken, will be looking for bears/sell or put trades until support level of $1.36 (purple line).
This is my opinion, on tomorrow's trading from my research and looking at big to small picture. I used this 4 hr chart related to showing resistance to left of current price action. Trade at your own risk & understand support and resistance levels. Price action is king & using your eyes/brain.
Bull Run? ? Word on the wire is that there is a BIG deal coming through for PLUG, Walmart, then Amazon and also China is planning on using PLUG cells for the RE makeover they are going through. They recently got out of debt and appear to be moving forward. Curious to know your thoughts, I can't find any contriadicting research. All stories seem to validate.
