$PLUG - RC -
Added 2023-12-14 08:18:24 +0000 UTCI have been following $PLUG in the background for some time here and we can see here that this has been in a very long tightening wedge here dating back to May 2021.
What is of particular interest to me here is how our First Target aligns perfecting with our the 200 Day MA on the weekly chart.
This would be a significant change in direction and an aggressive move for this to break out and move to this level right now, it is still a high risk play....but things could get interesting if it can break out of the wedge at $5.50
Comments
What do you think, are you a buyer on confirmation?
iTurp
2023-12-14 22:16:14 +0000 UTCHopefully, bought at $ 6.93 and it's the worst perfomer in my portfolio...
rsq1984
2023-12-14 10:46:38 +0000 UTCAmended now
Gareth Neary
2023-12-14 10:42:58 +0000 UTC
