Alright, Plug Power (PLUG) and why there's a cool trade idea brewing. Despite the ups and downs in their earnings and revenue forecasts, it seems like the market isn't keen on dropping PLUG's price any lower than where it's at now. Mygame plan: we're looking to jump in at around $3 per share if we see somthing like a rejection and spike in volume.. The vibe is, the market's undervaluing PLUG right now in this consolidation range, especially with some growth on the horizon. Planning ride that wave and then look to hop off with our pockets a bit heavier, aiming for an exit between $4 and $4.50. It's a bit of a sweet spot – taking advantage of the market's current mood towards PLUG and betting it's going to climb. Not the most conventional play, but if you're up for a bit of a gamble with a decent chance to score, this could be a good move.
Fibs confluence if i bring the extension to $3 range a 618 as a $4.50ish target, also LVN confluence..
Fibs confluence if i bring the extension to $3 range a 618 as a $4.50ish target, also LVN confluence..