$PLUG, 15 minute bat bounce spot IN from 62's if you followed first plan, $PLUG likes harmonics , lets see
1PLUG trade ideas
PLUG over 70.00Beautiful wedge forming here, my guess is that it takes a day or two for price to close right around this level, and then a big break over. Of course this could bust through with conviction on high volume in one day, but more likely that it takes a day or two to set up. Can use the opportunity to position with long dated calls or shares, I think there’s a high likelihood this breaks to the upside. The wedge is a reliable pattern given then strong run up, and EVs are a hot sector likely to continue rapid growth.
PLUG 1 hour BULL CHANNEL PLAYPlug 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.
take the money and run!I don't like trading a company that relies heavily only on the Democrats. Before I joined Tradingview, I bought its common shares in September betting that my great #45 had no chance for another 4 years. I then sold my PLUG shares before Christmas.
$plug - consolidating, flagging shout out to stockonomy ( www.tradingview.com ) for bringing this ticker to my attention.
long once we get above the point of control (orange dotted line) where the accumulation has been occurring,
also note hidden bullish divergence + declining volume.
ev seems like it wants to get hot again.
PLUG Consolidating, Ready to Break OutPlug Power shares have been staying around the $65 mark for the past weeks. They are testing their support right now, and that could mean a breakout is coming. Also, it appears to be at the bottom of the RSI indicator, which is always a good sign. Good Luck!
PLUGPLUG 1-3 Week Horizon
Reward 40% / Risk 7%
Seem like price action has been consolidating, forming a symmetrical triangle which means it could go up or down. My bias is on a bullish move because; the sideways price action was after a bullish move. Stochastics on the daily is at an oversold level, 21ema and 61.6 support seems to be holding.
Entry at the buy zone with stop loss just below support at 57.18 (7.5%) and mid target 86.68 (40.2%).
Disclaimer
I am not a registered investment advisor and do not offer investment advice and recommendation. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for, information and entrainment purposes only. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
BUY $PLUG - 02.15.2021Stockonomy Weekly Pick 02.15.2021
$PLUG has been a big name inside the EV space over the past year and, thus, has seen a massive run-up.
Price has been consolidating on low relative volume for 3+ weeks.
Price could move higher with some volume coming in.
$PLUG playing the formulaIf that lower pink line is holding for tomorrow + upper pick line broken if touched = next target is 90+
PLUG Daily PLUG Daily
Ascending Triangle in formation . However there is a possibility of a large consolidation . Must close above 75.5 for a proper buy . Expect false breakouts as the triangle is yet to complete .
Target 15 dollars as height of triangle
$PLUGPossible harmonic to add back shares we trimmed in 69's from 65, see chart, Still holding shares so im ok if it doesn't pullback
PLUG Flag BouncePLUG looks to be forming a flagging formation, consolidating between 66-75. It is at the bottom of the flagging range and looks to be bouncing with a trend towards the top of the range to 75. I'm expecting this to stay in the consolidation range with upward movement toward 75.
PLUG POWER CHARGING UP FOR A BREAKOUT!!Large triangle funnel found on $PLUG! Huge breakout opportunity to $90 within the next couple of weeks possible!
$PLUG | Bull Flag Formed At Support: Watch For A BreakoutPlug formed a bull flag at support. Watch for a breakout for upside continuation.
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
Good luck!
$PLUG - range bound with bull pennantI think this is the 3rd time I am publishing this ticker.
It really needs to close above $68 and has not yet done so.
Nevertheless, I grabbed options with April expiration, so i have room to be wrong
Buyer be ware. If it holds $68 on the close, the predictions is that goes to $85 quickly.
Flag or head shoulder pattern ?Maybe the next trading day will tell you.
In my opinion, a lot depends on supporting the 200-days moving average.
NIO AND PLUGPOWER SUPPORT AND RESISTANCEAS YOU CAN SEE FOR 6 MINUTES TWO INTERESTING STOCKS IN THE E CARS BUSINESS. SO RELEVANT INFORMATIONS COULD BE FIND HERE. :)
BUY $PLUG PT1 72 PT2 80 SL 60 Rationale
Hydrogen Companies are hot right now
Secondary done at $65 this is now a key level
Volume shelf at $65, Price is current retesting this as a floor
Option interest for Feb 12th is 60% calls
Crazy IV on options, potential covered call play
Current Consolidation Range volume has decreased, the price is getting ready to move rapidly.
Plug looks like a sell to me.I have entered a sell on Plug. See chart. The publications from Lord Skin are not advice or a recommendation to buy, sell or hold any investment. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment.
Plug Power's going to break highAscending triangle, slowly accumulating positions, TP 85$. Let me know what do you think.
