Plug Power, Inc.Long
PLUG surging above $10!
PLUG has been in a strong "Go" trend and has now broken out of a corrective trend channel to the upside.
The prior bar was enough to give a low risk re-entry on the GoNoGo Trend chart.
Having moved sharply up it has eclipsed the highs of the consolidation pattern and now should find support around the strong psychological level of $10.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
The prior bar was enough to give a low risk re-entry on the GoNoGo Trend chart.
Having moved sharply up it has eclipsed the highs of the consolidation pattern and now should find support around the strong psychological level of $10.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
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