$PLUG. Correction after hitting important Fibonacci level
– Almost hit Fibonacci level 1.61.
– In my opinion end of 3rd Elliot wave
– Supports marked red dot lines $13.74- $11.79- $10.
-50 EMA acted as support before and it’s the next support around $13-$14.
– If you believe in technical analysis: history repeats itself.
Let’s keep a close eye on $PLUG, it’s good to to place alarms at important support levels, so we can get notify if there are major changes. I personally use tradingview for charting, here is my affiliate link: TRADINGVIEW
About Plug Power Inc. ($PLUG)
Plug Power is the innovative company that has taken hydrogen fuel cell technology from its theoretical approach to its effective commercialization and has shaped today’s technology in this regard. Plug Power has revolutionized the handling industry with its comprehensive GenKey solution, which has been designed to increase productivity, reduce operating costs and decrease the carbon footprint in a safe and cost-effective manner.
The company’s GenKey solution combines all the elements necessary to supply energy, supply and provide complementary services to the customer. Lead-acid batteries are used to power certain industrial electric vehicles, such as the forklifts that customers use in their distribution centers. Now, Plug Power offers the possibility of replacing these batteries with its proven hydrogen fuel cell equipped products.
Plug Power’s ProGen modular fuel cell engine platform, which has made the leap to the electric vehicle market, enables original equipment manufacturers (OEMs) and system integrators to quickly adopt hydrogen fuel cell technology. ProGen engines have proven their worth: thousands of them are now used in some of the world’s most challenging tasks. Plug Power is the partner customers rely on to prepare their businesses for the future.
About Canopy Growth ($CGC)
Canopy Growth is a leading global diversified cannabis, hemp and cannabis device company offering various brands and varieties of dry-cured cannabis, oil and Softgel capsules, as well as medical devices through its subsidiary Storz & Bickel GmbH & Co. From product and process innovation to market application, Canopy Growth is driven by a passion for leadership and a commitment to building a world-class cannabis company in one product, one place, and one country at a time. Canopy Growth operates in over a dozen countries on five continents.
$ACB Good price rejection at support levels
-Price rejection at $4.
– Big bounce last 3 days with good volume.
– RSI divergence.
-Next resistance at $5.61 red dotted line.
About Aurora Cannabis $ACB?
Aurora Cannabis (ACB) is a Canadian licensed grower that was founded in 2006. With a current estimated capacity of more than 500,000 kilos per year, Aurora is considered one of the leading companies in marijuana production and fastest growing in the world.
Aurora Cannabis works in several segments of the cannabis value chain, including genetic research, cannabis breeding, home growing, and retail and wholesale distribution of medical marijuana.
With a growing network of subsidiaries and strategic partnerships, Aurora Cannabis operates in 19 countries on five continents. As the number of countries legalizing the use of medical cannabis increases, the company has embarked on an aggressive international expansion strategy, resulting in sales and operations in Denmark, Italy, Germany and Australia.