$PLUG - RC -
Added 2023-10-18 13:13:36 +0000 UTC$PLUG has so far held at the 0.618 Fib at $6.40 and has bounced since and is about to test the 50 Day MA at $8.10.
The next test will be at the yellow trend line at $8.80 and then getting above the 200 Day MA at $10.80.
$PLUG still has an ENORMOUS amount of work to do to get above these 3 resistance levels to show signs of truly reversing.
Any rejection at these levels and this is at risk of continuing down this wedge further, losing the 0.618 Fib and you would be looking at the 0.78 Fib at $3.05 as a potential support level.
