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PLUG POWER INC

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PLUN trade ideas

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.
NASDAQ:PLUGEducation
by dee718
PLUG surging above $10!PLUG has been in a strong "Go" trend and has now broken out of a corrective trend channel to the upside. The prior bar was enough to give a low risk re-entry on the GoNoGo Trend chart. Having moved sharply up it has eclipsed the highs of the consolidation pattern and now should find support around the strong psychological level of $10. What are the GoNoGo Indicators? The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish) The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
NASDAQ:PLUGLong
by GoNoGoCharts