trade recomendation on PLUGhi everybody
as you see, the chart of PLUG compact in the bearish triangle.
if the price break the high band of this triangle, you must be patient for pullback to a support, for take long position.
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in the market, you have to your decision and got responsibility of your behavior.
PLUN trade ideas
Inver Head and Shoulders for PlugNASDAQ:PLUG is one of the stocks that have been sold heavily in August and September. The price action shows consolidation. There is a potential inverse H&S in play. The initial target is 10. If we can break the down trend, this can fly towards 18.
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Hydrogen caseHi. I show PLUG chart overlayed with the three major hydrogen ETF charts. It shows that plug is landing on two prior peaks just as the ETF’s “bottom”. The ETF charts look like they will break out of the bearish channel soon. So, a bullish reversal in plug lines up nicely with bullish reversals in the ETFs, which makes sense. I also show an arrow pointing out where FCEL is in it’s chart. It’s a much older and slower chart than PLUG, but the amplitude is bigger. I bought FCEL at $2.40, and riding it down to, probably, $.81, which closes a gap on the vpvr. It is what it is. By the time I’m in long-term gains, FCEL will be reaching for $100
PULL THE PLUG... GET IT get it get it (annoying kid upclose voice)
im pullin the plug with price rejecting my supply
correlating with some bad economic fundamentals
i like this company social investing fasho
but this guy is unfortunately gonna get thrashed (maybe insiders wanna get their shares back idk)
id love to talk more but meh this tech definietly the future
regardless its gonna crash
and thousand percent spike in like 2026-28 or something if you want more insight i update on posts with 5 or so likes
$PLUG - Could see a reversalNASDAQ:PLUG is trading inside a multi-year descending wedge. There is a potential inverse head and shoulder forming on the hourly chart.
Breaking above $9 could send the stock to $10.50 in the near term.
The stock has 19.90% short interest, making it a potential short squeeze candidate.
In the long term, if the stock can break out of that wedge, it could potentially reach $30.
Targets:
- $10.50
- $12
- $14
- $19
Risk:
- $7.60 - $5
Follow me for Charts and trade ideas.
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 ;)
HYDROGEN IS A FUTURE OF ENERGYEnergy transition policies are likely to be major fundamentals behind this investment opportunity. A 20 year frustrating bottoming process, reflecting un certainity, seems approaching a viability, nowadays. It could easily push the stock swiftly higher, testing some major longtime resistance/support while forming a typical trend reversal CUP&HANDLE pattern.
The market is punishing new entrants to Carbon SolutionsThe new entrants to the markets focused on carbon sequestration and avoidance of carbon emissions are being punished on a logarithmic scale compared to the leaders.
For example, SEDG is now down 50% compared to market leaders such as GOOG, and MSFT. Yet, SEDG provides the leading edge technology to bring solar on line to support the zero carbon emission goals of these technology giants. Its nice to be the king, but heavy is the crown.
SEDG is a buy at $150.00
Plug Power got great Potential!Since the high at 75$ in February 2021, Plug has been in a Downtrend. The Price has been moving inside a Falling Wedge, which is usually a bullish Pattern. The Quarter Results that got published two weeks ago, showed that Plug Power increased their loss, after the Announcement the Price, in the following days, went down by almost 30%. The Wedge has a higher Probability of breaking to the upside and has a bullish Target of 75$, which would be a whopping 800% (!).
I personally dont expect Plug Power to rise until early 2024, because their projects are delayed, their Margin is bad and they need money, also the Interest te could rise further which is bad for Tech-Stocks like Plug Power.
I will update you when we got a Breakout!
Have a nice Day!
HenrikDaCrypto
If earnings are top notch and market likes hydrogenstupid dream like idea of plug power. 99% wont happen. But if the market suddenly loves hydrogen again and institutions just pumps in money then hey, maybe we will see this. And I myself will become stupidly rich.
I have a derivative position in this so if this.. so I sure hope this is how it plays out. The arrows in yellow is based on the previous move. As I think you can tell
$PLUG - Potential buy play with great R\RFundamental analysis:
Record quarterly sales for Plug Power grew 72% year over year.
Plug Power's plans for green hydrogen production have run into some delays.
The timeline for full hydrogen production capacity is being bumped back by about six months.
Technical analysis:
Support: $9 area
Buy: $9.19
TP-1: $10
TP-2: $11.13
SL: $8.61
time to go long and go up with it?Here is a stock that has constantly been hammered up and down and as a follower of this stock ive noticed it normally recovers decently well after trending down with the overall market.
however on a 2 or 4 hr chart it looks to have consilidated around the low 9s and high 8s if it can continue its recovery within the next two weeks i it can break resistance of $10.61usd
id look to start a long position and ride the uptrend and if needed capital if the price were to tank maybe 10% look to short it but it looks due for a reversal..
see an upside of 15%
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.
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.
Plug Power mit ErholungstendenzPlug Power war einer der Highflyer im Jahr 2020 (mehr als 500% Kursgewinn).
Danach ging es aber auch wieder steil bergab.
Im Moment versucht sich die Aktie an einem Bodenbildungsprozess.
Ein Rounding-Bottom eröffnet Perspektiven nach oben.
Im Moment steht der Kurs im Bereich des MA200. Dies könnte zu einem Abprall nach unten führen. Wird der MA200 aber überwunden, eröffnen sich gute Chancen auf steigende Kurse.