PLUN trade ideas
Daily Wisdom 13 - Such is the marketO Captain! my Captain! our fearful trip is done,
The ship has weather’d every rack, the prize we sought is won,
The port is near, the bells I hear, the people all exulting,
While follow eyes the steady keel, the vessel grim and daring;
But O heart! heart! heart!
O the bleeding drops of red,
Where on the deck my Captain lies,
Fallen cold and dead.
Plug Power $Plug - Symmetrical TriangleLooks like it could range here for up to 3 weeks before continuing to go up. Some interest in NKLA post-warrants could see this push on here as well. Triangle resolution seems to match up with the Plug Symposium on 24 September.
PLUG POWER When Short Sellers Prepare Hitting?Plug Power Inc (PLUG)
Period Moving Average Percent Change
50-Day 9.23 +146.64%
100-Day 6.78 +277.94%
200-Day 5.27 +383.08%
Year-to-Date 5.71 +306.65%
The 8-Day EMANASDAQ:PLUG
strategy: swing, trend follow
timeframe: daily, weekly
entry point: price crosses or stayed above the 8-day EMA; Stochastic = not overbought; price bounces off from support.
monitoring: stay long as long as the price is above the EMA line
exit point: close the position when price hits resistance or when the price crosses down the EMA line.
Update to PLUG retracement from wave 3 to wave 4slightly updated chart showing wave 3 to wave 4 retracement
PLUG 21 AUG 2020 (MRKT Closed)Looking at some stocks that have usable volume. Usually on the forex and crypto side. Principles are the same, but its taking some getting used to.
Saw this pullback in an up trend example where you can see the low pressure at resistance and INCREASE in demand as it creates support.
More demand + less supply = higher prices.
Look for demand at key support (from below)
look for supply at key resistance(from above)
Can see the fake out below support with the immediate push back into a range (trapped short chasers).
Pretty recognizable stuff. May have to add it to the menu when looking for optimal set up situations.
Plug LONGA quick upward trend and signal search.. 13.5 buyin
I am no expert for you and my analysis is just a joke for conversation. Don’t take any of this advice. However, you can compensate me to take your advice.
Elliot Wave analysis of $PLUGThis analysis assumes a wave 3 to 4 retracement with a buy zone between 10.63 and 11.70
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) !!
$PLUG Power Upside Targets
Potential long above $12.40
Upside targets as per Fibonacci levels.
Historical rice resistance is very limited above this level
PLUG power price action forecast for next week!Our cycles analysis indicates the following forecast for price action this upcoming week! Will be utilizing 10$ 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!!
$PLUG Power Gap above & Below
Bulls will be trying to fill the gap above and avoid considerable loses if the price drops below $10.00
Upside short term target to fill the gap @ $11.25
$PLUG Still has some power to go higher
Possible long on break above $12.20.
Next major pivot $13.50
Limited upside resistance to $15.50.
Stock is overbought but still popular among day traders
so technical indicators possibly not as relevant.
Care needed as support is weak and well below current levels.
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