PLUG has corrected from its April burst in what appears to be a bull flag. It has allowed the 50 dma to catch to the price and 10 & 20 dma. Today it burst higher through all of them.
Maybe the 3-year downtrend is reversing, resuming the larger uptrend started in 2013. Who knows? Just another small bet in the game.
Bought 2.07, stop below the 10dma around 1.92. Risking less than $100 for now.
Maybe the 3-year downtrend is reversing, resuming the larger uptrend started in 2013. Who knows? Just another small bet in the game.
Bought 2.07, stop below the 10dma around 1.92. Risking less than $100 for now.
Trade active:
As PLUG continues to pop, I added more PLUG, moved stops up to break-even.