1PLUG trade ideas
PLUGNice day by the Bulls. Let's see what happens around Flat Kumo Top, that level is 6..00. Good trading Bulls.
PLUG againhere we are , plug again . it finished correction as we crossed above the previous top .the price is going for a strong wave either 3 or C and the target is 8 , stop loss 4.13. good luck
Stage 1 basepos MACD, asctriangle, RSI breaking DT, Accumulation, 3 months HLs, upgrade, major catalysts, more?
PLUGPrice has Memory. See anything to the left that looks familiar? Also, check out a PnF Weekly Chart. Lower.
Long term view PLUGOpen position at the crossover of the two moving averages.
Presence of symmetrican triangle. Period of retest of the upper trendline. Long position opportunity
Symmetrical / Ascending triangle
Plug Power bounces off of long term supportPlug is showing some bullish long term technicals and the golden cross is imminent on the weekly
Confluence. Stochastic also confirming oversold condition.Stochastic has dropped below the critical value of 20 and PLUG is now oversold. An oversold condition means that the recent downside momentum is not sustainable.
Avg RSI movefrom 50 to 90 is 247% gains in pps and 11 bars. Plenty of room to run and it happens fast
Bull Pennant with big upsideLook for a move that mirrors the beginning of the bull pennant from the point it breaks upper resistance.
Look for volume to rise sharply for confirmation.
PLUG (from a bullish Fibline!)Dear Fibline,
this is one of your chart (when you were bullish 1 month ago...)
do you think is possible that we can see a J-Hook Pattern again?
please become bullish again! :)
forever your
Tittipupa
Elliot Wave RetracementMACD crossover looks like it's failing for the first time. I'm looking for price action to break log support to confirm breakdown. Otherwise this momo needs good news badly to keep her afloat.
PLUGMore Sellers than Buyers here. Looking for hard push down into the close. Distribution taking place.
Getting Short the Hottest Stock Out There: PLUGPlug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of fuel cell systems for the industrial off-road markets worldwide. I watch Institutional Order flow and trades from the Hedge Funds, Mutual Funds, and Retail Banks. Today, a trader bought 7,000 of the PLUG 4.11.2014. At www.keeneonthemarket.com we help traders help with the risk vs reward in trading. This means that a trader took about a $560,000 that PLUG sells off under $7. Lets breakdown my trade:
My Trade: I bought the PLUG 4.11.2014 Weekly 7 Puts for $.80
Risk: $80 per 1 lot
Reward: $620 per 1 lot
Breakeven: $6.20
Greeks of this Trade:
Delta: Short
Gamma: Long
Theta: Short
Vega: Long
Breakout coming soon.$7.23 is where a lot of %5 stops are going to be placed for short sellers today to call. Once that is breached, it should have no problem getting up to the .764 fib line ($7.77)ish.
Another interesting pattern taking shape here is resistance at $6.86, and a support line wedging up to meet it. To me this looks like sellers are losing Control.
