Over bought. Plug Plower, although promising company & tech, NASDAQ:PLUG still has a long way to go, long term 30$ might be a steal for a company as promising as this but for now I expect a correction down to $25.
Plug Power - Short Term - We look to Sell at 24.46 (stop at 27.27)
We look to sell rallies. Previous support at 24.00 now becomes resistance. The bias is still for lower levels and we look for any gains to be limited. Our overall sentiment remains bearish looking for lower levels. Further downside is expected although we prefer to set shorts at our bespoke...
