It appears that we may be entering the accumulation phase of Plugs trading cycle.
We are starting to see higher highs and higher lows. Currently I am Bullish on this trade and have entered Option Calls for another step up in Janurary based on these factors below.
-Appearance of complete trend reversal incoming
-Higher Highs and Higher Lows
-Golden Cross on the Hourly
-RSI oversold on the Hourly
Looking for the next Higher High soon.
Please let me know what you think. Where I made Mistakes and how I can improve my analysis.
#PLUG #TAinTraining
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