After tapping against resistance four times, today we have a clear breakout above the $2.85 level. PLUG has been plugging along as well so there seems to be renewed energy (pun intended) propelling these names higher. Looks like 4.5-5.0 could be trouble. Speculative trade.
Breakout here seems to be textbook ascending triangle pattern, which also projects to this 4.5-5.0 level.
Breakout here seems to be textbook ascending triangle pattern, which also projects to this 4.5-5.0 level.
Note
Geez, what a terrible failure to hold this breakout. I'l still long, but really?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.