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IvanLabrie
Jan 7, 2023 2:57 PM

$PLUG: unloved IRA beneficiary Long

Plug Power, Inc.NASDAQ

Description

Potentially a bottom here, PLUG has come down a long way here and has a low risk setup to capture a mean reversion move towards resistance from the most recent quarterly report.
Worth a punt as a short term trade, could evolve into a longer lasting bottom too.
Best of luck!

Cheers,

Ivan Labrie

Trade closed manually

Probably ok to side step everything going into tomorrow...overnight might not be desirable until Powell and CPI data are out of the way. (decent move since the open anyways)
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