$PLUG - Plug Power - $4.33 PTNASDAQ:PLUG consolidated to chart the $3.09 and found support like we initially targeted and rebounded to $3.95 before showing potential consolidation for additional entries.
Still holding a $4.31 RT to breakout to that $5.09 PT will potentially providing re-entry at $3.45 if it does consolidate again first.
Plugtrade
$PLUG - Plug Power, Inc - $3.45 RT & Breakout?NASDAQ:PLUG looks to have broken out of its longer-term downward channels, showing strong volume, support, and momentum while re-attempting to break the $3.09s and push forward to our $3.49 PT.
This also comes after HC Wainwright maintains a BUY on NASDAQ:PLUG , raising its Price Target to $7. Not to include, the company just delivered its first 10-MegaWatt GenEco Electrolyzer Array to Gilp, a Portuguese Energy Company.