PLUG: Ascending Triangle (46%)PLUG could be into a turn to the bull trend after a long down/sideways descente.
Ascending Triangle, confirmed.
Indictors are OK, but I do not like that the 50MA is below the 200MA. It implies that the long term trend is still on a descent.
Still, Price target = 51.31$
Stay humble, have fun, make money!
PLUN trade ideas
PLUG Long term swingAs you can see PLUG has been trading from 24-29 for quite a while ,
and price has finally broken to the upside , so what we expect from the price right now is ,
a retest back to the $34 or $29 before taking our long position,
if price happen to breakout the resistance above , we can wait until price to retest to the previous support ,
then we can take our entry for our long term swing ,
let me know what do you think about my analysis right here ,
please give it a like or comment if you like this idea .
PLUGIf we close above 37.32 we should see more upside before the next pullback
long PLUG, swing trading options this week though. my cost is .11 for $28 10/29 exp currently up 462% , have not reached my target yet Ill take profits between .72-.92 if we can get there.
Plugged in to the charts
Not financial advice trading has considerable risks, do your own research
PLUG breaking resistance!💯PLUG finally breaking out after being stuck in a consolidation faze for 6 months 🧐
We will usually see big moves up or down after consolidation like this, in plugs case we are seeing a big resistance break. The EV sectors hot too, im not selling my shares!
price targets are 42.24/51.78/61.32
Plug Power, Inc (PLUG), buy above $36.00Plug reached a high of $1565 in Jan 2000 and since plunged to $0.12 in 2013.
It broke out of its 17 year downtrend on Sep 2017 touching a high of $75.49 and since maintained an uptrend with a pivot support at $17.30. A pullback started with a short on the weekly charts at $36.45 and made a low of $18.47.
The day charts is long at $28.14 since 270921 with a target of $36.00 (Supertrend resistance on the week charts). A break above $36.00 may trigger a reversion back to a multiple uptrend for PLUG with the first target at $75.49
Long Term UPTREND from 010917
Medium Term PULLBACK since 220321
Short Term UPTREND since 270921
Pivot 36.00
Short positions below 36.00 for 27.33 and 17.30
Long positions above 36.00 for 75.49 and 131.00
$PLUG Plug Power $39 Key Level.
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice.
Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.
PLUG: dna of Speculation to Adoption Applies across MARKETSa look into an idea that was a dream note til ESG buzz fever hitts the market with Prince Harry and Merkel as Poster folks to the industry this October
some issues stocks metals crypto fal into this situation...
trick is to spot it before the dump or pump
==
kinda like Vaporware to actual hardware or sofware with use case \==
Takeaway: Volume and key levels along major price points hold the key to going long or short
Plug Power Analysis 12.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
Plug Power Analysis 06.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
Plug Power Analysis 18.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!