PLUG | Informative

PLUG


If the price of PLUG breaks above the bullish line of 12.22, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target price could be set at 12.98.

Conversely, if the price of PLUG breaks below the bearish line of 11.99, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 11.75, 11.49, and 11.17.

I'm bearish; we have a bearish engulfing on the daily chart and a few gaps below the current piece.

Trade closed: target reached

Comment:

We played the LONG play, now be ready to play the SHORT one.