PLUG
Positive macro-context for PLUG (long term)PLUG seems to be a quite safe bet for the future. Here are my arguments:
From a financial perspective, EBIT is negative, but total revenues are growing at a stable pace since years now. Plug will certainly find it's way to profits when industrialization optimized (see arguments for this below).
EBIT is lower, but is explained by higher cost of produced goods (and not by the fact that they sell less). Productive investment is a key aspect in such an innovation demanding industry.
Plug is specialized in fuel cells and created an expertise in powering the following:
-Drones (hydrogen backed tech allows for longer lasting flights for these aerodynamics and size of machine) :https://www.plugpower.com/products/progen/fuel-cells-for-aerospace-uav-applications/
-Forklifts
-Robots
-But also a promising truck segment (www.bizjournals.com
There should be a growing demand for these 4 in the context of a development of warehouses utilities and delivery services worldwide: www.bloomberg.com
Amazon (led by an incredible momentum currently) invested in PLUG: www.investopedia.com
I wouldn't be surprised to see an offer from Amazon to buy PLUG, which would make the stock skyrocket, giving to Amazon the opportunity to diversify even more.
Walmart (which is more resilient than average during COVID as a consumer cyclical stock) is a big client also:
"Plug Power plays huge role helping Amazon and Walmart supply America during COVID-19 crisis":
www.timesunion.com
Macro-context: Environmental policies and Hydrogen demand & facilities to grow:
seekingalpha.com
www.globenewswire.com
Plug power can become a leading seller of hydrogen:
investorplace.com
PLUG - failed breakout vs. impending short squeeze?PLUG with 80% volume shorted today with a bearish candle on the daily..
The question is whether this was a failed break out w/ an inverted H&S or a set up for a short squeeze into earnings?
4.71 resistance but appears to have found support at 4.31 near end of day trading.
Expect that if 4.29 can hold, holding CALLS into earnings seem like an attractive idea. Below that level likely means we re-test the trend line.
Short $PLUG - Correction Anticipation$PLUG is highly volatile and had a huge "buy the news event" when it announced a $172m contract over 2 yrs by an unnamed buyer. This is undoubtedly good for $PLUG over the long term, but an +18% move yesterday is optimistic at best. Shorting for a 5-8% profit exit.
Enphase to Find Resistance at $36 in Early 2025Although Enphase is an excellent inverter company for solar panels, and has treated its investors to a 420% year to date increase in value, I am feeling that CNN Business's analysis is too optimistic:
"The 10 analysts offering 12-month price forecasts for Enphase Energy Inc have a median target of 30.00, with a high estimate of 40.00 and a low estimate of 26.00. The median estimate represents a +21.85% increase from the last price of 24.62."
Solar panel companies have a tremendous amount of competition and also failure rate when we look at them historically. Due to the consistent innovation and subsequent outdating of previous technology, it is possible that a company like Enphase could be completely off the trading market within a decade. Yes, it could even happen in the next 12 months. I would not invest into this company if I wanted to sell within 6-12 months.
Do I think this stock is going to go under in the next 12 months? No, but I also don't think that it could hit a median of $30 within the next year.
Let the technology, market, and consumers play it out for the next 5 years and we will see this stock increase from $24.62 to over $35.
I have 70% confidence in this analysis. I am holding Enphase and PLUG to diversify into the energy sector.
BTC Parabolic Phase Over ? Hello Traders,
New Thesis on BTC,
We may have had a blow off top and potentially be in the complacency stage of the Wall street cheat sheet,
Points to consider,
- Parabolic rise with a pull back of over 25%, the reaction rally which was expected
- The rally was short lived with below average volume
- Fibonacci target of 0.618 From daily ATH was met, typically a turning point in BTC price history
- Volume is visually declining, this usually means an impulse move is around the corner
Bitcoin is currently testing the daily .50 Fibonacci line, where a break of this will likely test lower levels, if the price however holds and pushes up with volume, then bulls have a greater chance on hitting higher highs and continuing this parabolic phase, although this needs to be confirmed with a break of the 0.618 Fibonacci level, we are currently trading in no mans land...
What are your thoughts? Please leave a like and comment
and remember,
“Losses are necessary, as long as they are associated with a technique to help you learn from them” - David Sikhosana
The best 10 penny stocks to buy in 2018...This recommendation is on Marketbeat. Let's look at the technical analysis point of view. The movement of the exchange rate carries the characteristics of fractal movements. He is currently building a 2x fractal. The exchange rate moves sideways in a yellow rectangular area. We expect pulse wave structure from this range. The theory of correctness can justify if the exchange rate breaks through the purple line, which is the axis of the exchange rate D1 ATR. As long as this does not happen it is advisable to wait. But when it happens, the exchange rate can suddenly be switched to "impulse", suddenly increased with ATR. Which results in strong volatility. The primary target price is 5.56 usd. The second predicted target price may be around 10.73 usd.
PLUG Power, INC. Breakout potential, overlooked company.Lets keep it simple. With my non legal advice!
PLUG, recent partnership with Amazon would just be the start, as they have huge deals already with many other big names.
In the new era of investing, we seem to be leading towards the energy sector. PLUG has been creating cell power. This is extremely efficient then current battery options, especially for retailers such as Amazon, who plan to use this alternative source to power their forklifts for faster production and less downtime on the lifts (yes its actually a problem).
Among the many other uses for cell power, lets get to the point.
We have our wedge reaching its point of decision time. Breaking out seems inevitable, but maybe one more small pullback to the bottom of the wedge towards the 618 @ 1.75 area. A small selloff before earnings 8/8/2018 seems realistic before the breakout.
On the WEEKLY, with huge buy signals before march, to follow the WEEKLY squeeze for the last month.
We have the first DAILY positive momentum change since the beginning of June, approaching the end of the wedge.
The Ichimoku has been getting poked, and on smaller time frames like the 4 hour seems to be leaning towards bullish.
I labeled my buy zone in green, and for short term profits into the new year, sell targets around the 2.65 area. This may very well break out much further, but i like to take profits.
If wedge fails, ill look for support closer to 1$, but we can get to that if it happens.
Happy Trading, debating, and speculating. I want everyone to win!
PLUG LONG BUYGeorge McNamee, chairman of Plug Power's board of directors, purchased 200,000 shares of Plug stock worth more than $426,000 in September.
McNamee now owns 661,131 shares of Plug’s common stock, according to a U.S. Securities and Exchange Commission disclosure filed on Monday.
CEO Andy Marsh has been working to make Plug profitable for the first time in 20 years. He came to Plug Power in 2008 with an overhauled business plan and has spent the last nine years converting Plug from a research company into a manufacturer. (bizjournals.com)
PLUG Bearishness Waning (hourly technicals)Hourly chart showing impending MA Cross, pinching MACD and Stoch, RSI over 50. Probably volatile until the stock closes over $2.40, but if technicals follow through the bearish snap of the last few days could be over. However, a close below $2.20 puts $2.00 in play.






















