PLUG is registering massive volume accumulation this past four weeks.
Net buy volume has surged +34% from its average numbers -- where buyers are getting ready to overtake sellers in anticipation of the stock's long term future upside valuation.
On weekly histogram, higher lows has been created -- conveying the incoming price growth of the stock.
Bubble up volume (bottom indicator) consistent appearance this past 4 weeks (after 4 months of continued sell off) is cementing the stocks intention to finally shift the trend -- to the upside.
Fundamentally, the management sees a rosier future revenue-wise with upcoming innovation / products despite stiff competition.
Spotted at 10.0
TAYOR.
Safeguard capital always.
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FUNDAMENTAL NEWS : Reference TVIEW site.
Why did Plug Power stock pop today? CEO sees 2023 sales above consensus
Jun 13, 202307:37 GMT+8
Plug Power
PLUG surged to its highest in more than two months, +13.1% in Monday's trading after the company detailed plans for its investor day on Wednesday, which included above-consensus guidance for 2023 sales.
CEO Andy Marsh said visitors to its Rochester, N.Y., gigafactory will be able to "witness firsthand that we are not only selling and deploying tangible products but have also scaled up operations, supports our near-term revenue goals of $1.4 billion in 2023 and our long-term target of achieving annual sales of $20 billion by 2030."
Plug's new 2023 sales estimate is ahead of the $1.29B analyst consensus estimate and nearly double the company's 2022 revenues of slightly more than $700M.
Net buy volume has surged +34% from its average numbers -- where buyers are getting ready to overtake sellers in anticipation of the stock's long term future upside valuation.
On weekly histogram, higher lows has been created -- conveying the incoming price growth of the stock.
Bubble up volume (bottom indicator) consistent appearance this past 4 weeks (after 4 months of continued sell off) is cementing the stocks intention to finally shift the trend -- to the upside.
Fundamentally, the management sees a rosier future revenue-wise with upcoming innovation / products despite stiff competition.
Spotted at 10.0
TAYOR.
Safeguard capital always.
------------------------------
FUNDAMENTAL NEWS : Reference TVIEW site.
Why did Plug Power stock pop today? CEO sees 2023 sales above consensus
Jun 13, 202307:37 GMT+8
Plug Power
PLUG surged to its highest in more than two months, +13.1% in Monday's trading after the company detailed plans for its investor day on Wednesday, which included above-consensus guidance for 2023 sales.
CEO Andy Marsh said visitors to its Rochester, N.Y., gigafactory will be able to "witness firsthand that we are not only selling and deploying tangible products but have also scaled up operations, supports our near-term revenue goals of $1.4 billion in 2023 and our long-term target of achieving annual sales of $20 billion by 2030."
Plug's new 2023 sales estimate is ahead of the $1.29B analyst consensus estimate and nearly double the company's 2022 revenues of slightly more than $700M.
Trade active:
DAILY data update:
PLUG Accumulation on steady rise -- preppin for a weighty price growth.
PLUG Accumulation on steady rise -- preppin for a weighty price growth.
Trade active:
+23% so far. Well done holders. :)
Trade active:
New higher base created.
Ascend continuation play.
Ascend continuation play.
Trade active:
+50% plan in order next.
Trade active:
Moving as planned.
Target price series: 13, 18, 30
TAYOR.
Target price series: 13, 18, 30
TAYOR.
Trade active:
After this week's closing price this is firm on its target -- a revisit to 5.0 previous peak area with a possible breakout.
TAYOR.
TAYOR.
Trade active:
This has shifted on its long term trend.
JUST HOLD if you have it.
BUY if you don't have it yet.
More ascend is expected.
Spotted at 3.0
JUST HOLD if you have it.
BUY if you don't have it yet.
More ascend is expected.
Spotted at 3.0