[PLUG] update

Nothing much has changed from the backlink model below and its looking like PLUG could put in a rising wedge peak soon. 

 

Again, a break of that top channel would be a big deal at this point.  It would suggest that the recent pullback that I avoided was wave 2.  But let's be honest, that would make the current wave a 3rd and none of this looks motive to me at this point.  The herd could, however, change that in an eye blink with a gap up above that top rail so while primary is still down over time, a blue path that breaks out is still a 30% chance as of today.  A small break above the top rail of that wedge and then fall below the lower rail says a trip to mid channel or lower will have likely begun.