Hydrogen

6 Mei

This is mission accomplished to the downside for Hydrogen. Plug Power made a deep retrace. Not full retrace, but still very deep. Fcel just closed a gap in the volume profile down to $.87, and even lower. I’m in at 2.40. You just need to zoom out. Always zoom out to know what’s about to happen. A nasty reversal to the upside. You have been lulled to sleep by record low volatility in the hydrogen space, and low volatility begets high volatility, and all of the hydrogen space, etfs and stocks, is coming off a “higher low” in the largest timeframes. Do don’t see this, because most all of the etf originate at the most recent high, so all they have done is fall. Nobody knows what the etf will do once they see inflow.