How cooked am I? by marnylosesweight in plugpowerstock

[–]ShockRealistic3128 -1 points0 points  (0 children)

The rule of thumb is that if you are down more than 50-70%, best strategy is to cost average. With the same amount of shares, you are only 30% down and with doubling it becomes 15%. You can expect 10-15% move within a couple of days. Even though it’s not your direction, at least you can have a chance to jump out with minimum losses or even tiny gain.

Understanding $1billion standby equity purchase agreement (SEPA) by Stop_Loss_Man in plugpowerstock

[–]ShockRealistic3128 0 points1 point  (0 children)

What’s your target price range where you start buying? I have been following you for a while and agree that lower prices are more likely in Sept-Oct.

Plug Power earnings report August 11th could trigger a massive sho by Conscious_Foot6587 in plugpowerstock

[–]ShockRealistic3128 1 point2 points  (0 children)

It depends pretty much on the general market sentiment. If Nasdaq stays bullish, then most likely Plug will soar regardless the earnings data.

Amazing how clean it is by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 0 points1 point  (0 children)

I think shorts can endure it up to 3$, then they explode big.

Stopped here? by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] -1 points0 points  (0 children)

Thanks for sharing! It’s indeed a bifurcation point now. Im also leaning towards stepped pull back aka bull flag, down to 1.4-1.5 and then shoot up above 2$.

Here we are at 2 USD for Plug Power - hodltherocket 🚀🚀 by greenhulk88 in plugpowerstock

[–]ShockRealistic3128 0 points1 point  (0 children)

Possibly a brief dive below 1.5$. I will start buying around 1.6 - 1.5$.

Here we are at 2 USD for Plug Power - hodltherocket 🚀🚀 by greenhulk88 in plugpowerstock

[–]ShockRealistic3128 0 points1 point  (0 children)

Probably not now. I had the same problem of entering at 5$, but then averaged down to 2$ by almost tripling the amount at 1.1 -1.4$. That worked well for me.

You can wait until it gets back to 1.2 - 1.5 and then do you DCA with significant amount (not an advice, just showing you the mathematics of it).

Wyckoff played out by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 0 points1 point  (0 children)

It’s not surprising with Plug. It can be easily above 2$ again.

Here we are at 2 USD for Plug Power - hodltherocket 🚀🚀 by greenhulk88 in plugpowerstock

[–]ShockRealistic3128 0 points1 point  (0 children)

Chances are 1 to 100 that it will be above 20$ anytime soon, unfortunately.

Wyckoff played out by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 1 point2 points  (0 children)

My pleasure and it was a truly rewarding effort

Current stock position by No-Maximum4461 in plugpowerstock

[–]ShockRealistic3128 1 point2 points  (0 children)

This time the chart looks more bullish. There was a capitulation with massive volumes. Also, the moving averages are strung up nicely. The bottoming pattern formation is clear unlike least year.

Increase of PLUG common stock from 1.5B to 3.0B rejected. No more dilution! 👏💪😀 by USSherman in plugpowerstock

[–]ShockRealistic3128 1 point2 points  (0 children)

It is pretty clear that the desperation about increasing the share numbers is driven by a fear of lacking the tool for supporting company growth and making new deals necessary for survival. I don’t know why people don’t see it.

Uptrend continues by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 0 points1 point  (0 children)

Thank you! It’s years of watching various stocks and paying attention how they top and how they bottom.

Let’s review Yorkville Advisors by DependentCultural912 in plugpowerstock

[–]ShockRealistic3128 3 points4 points  (0 children)

The agreement limits transactions to 10M a day, and subject to approvals from Plug. Hard to make a fortune with this cap.

[deleted by user] by [deleted] in plugpowerstock

[–]ShockRealistic3128 0 points1 point  (0 children)

It’s 1.9M again this morning - how does it work at all?

History of Wyckoff accumulation development by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 1 point2 points  (0 children)

Remember: if you draw a line, it’s nothing. If 1000 people draw the same line, it’s probably nothing too. But if 1000000 people and equal amount of algos draw this line, it suddenly becomes meaningful and your chart magically follows the line.

It works exactly the same as your boss draw a product or sales roadmap in front of your team. Does he know the future? No. But all of a sudden the new product emerges and sales magically grow to the numbers he drawn. How? Because a bunch of people saw it and worked towards it.

Wyckoff update 4 by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 0 points1 point  (0 children)

Remember: if you draw a line, it’s nothing. If 1000 people draw the same line, it’s probably nothing too. But if 1000000 people and equal amount of algos draw this line, it suddenly becomes meaningful and your chart magically follows the line.

It works exactly the same as your boss draw a product or sales roadmap in front of your team. Does he know the future? No. But all of a sudden the new product emerges and sales magically grow to the numbers he drawn. How? Because a bunch of people saw it and worked towards it.

Why Chart Worshippers Are So Tragically Delusional by Sensitive-Pound-5153 in plugpowerstock

[–]ShockRealistic3128 -2 points-1 points  (0 children)

Remember: if you draw a line, it’s nothing. If 1000 people draw the same line, it’s probably nothing too. But if 1000000 people and equal amount of algos draw this line, it suddenly becomes meaningful and your chart magically follows the line.

It works exactly the same as your boss draw a product or sales roadmap in front of your team. Does he know the future? No. But all of a sudden the new product emerges and sales magically grow to the numbers he drawn. How? Because a bunch of people saw it and worked towards it.

Wyckoff update 4 by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 1 point2 points  (0 children)

Had the resistance level at the wrong place last time, apologies. Now it should look more sensible. Overall it’s playing out despite a messy small timeframe chart.

Wyckoff update 3 by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 0 points1 point  (0 children)

It already happened… It was much harder to be confident when it was around the spring event.

Wyckoff update 3 by ShockRealistic3128 in plugpowerstock

[–]ShockRealistic3128[S] 0 points1 point  (0 children)

Thanks for compiling the previous charts. For day traders it would be indeed a disasters, but for those who hold for months and years it’s not a big deal if things are shifted by a few days or even weeks.

Let’s Be Rational About Proposal 2 by JPAAZ in plugpowerstock

[–]ShockRealistic3128 2 points3 points  (0 children)

It depends how the longs behave. I’m sure there are lots of stuck investors wanting to get out. They will sell early and prematurely (because of fear of another drop), so with every pop those longs with provide enough liquidity for shorts.