$PLUG - RC -
Added 2024-01-10 12:31:51 +0000 UTCExtremely long and tight wedge here form $PLUG, the price action is testing the 50 Day MA and the wedge trend line now....a breakout here and this could get very interesting.
This is a high risk, high reward play here because this could breakout and not hold above this wedge and break back down, trapping a lot of holders outside of the wedge.
So if you are considering a position, be very greedy for a confirmation of support on the outside of the wedge.
If this is successful, there is potentially considerable upside here.
Comments
the same graphic configuration can also be observed on other shares in the same sector
Vittorio
2024-01-10 13:52:40 +0000 UTCLets stay in touch
Federico Salerno
2024-01-10 13:41:20 +0000 UTCSame here
Josh
2024-01-10 13:38:07 +0000 UTCThanks Gar. Its two years that I operate with Plug, now stuck with a small position but I think it can do very well in the future. High potential in one of the best green / growth sectors. Fundamentals arent too strong (stockholders dont like the actual CEO) and price action is extremely volatile, so a -10 in one day is not rare (vice versa also)
Federico Salerno
2024-01-10 13:36:19 +0000 UTC
