Plug is hitting the bottom of a channel right now.
It will bounce off bottom hourly red channel that and hit Target 1🎯in 2-3 days by lets say... 3/18/21
Then, I hope it sees more volume and hits Target 2🎯, the top of the channel.
RSI (not pictured) is looking low to support bull move.
Counterpoint to myself
-Volume currently is meh.
It will bounce off bottom hourly red channel that and hit Target 1🎯in 2-3 days by lets say... 3/18/21
Then, I hope it sees more volume and hits Target 2🎯, the top of the channel.
RSI (not pictured) is looking low to support bull move.
Counterpoint to myself
-Volume currently is meh.
Comment:
If it breaks the red hourly line, PLUG would drop to $50's or upper $40's. I think this would happen if the entire sector and or market is weak in the next week. Otherwise it should bounce off the red hourly.
Trade closed manually:
Red support line broken :(
Comment:
There was NEWS today, seemingly positive, so maybe it broke support because people sell the news.