Short Term analysis by Cortes
PLUG – Plug Power Inc. has been a great momentum moving stock for the past couple weeks. What do people think of this stock now that it had its most recent big drop? Here is my analysis on PLUG: As you can see on the chart below, the Blue line is the support line which held nicely the day after the big drop. Yesterday and today it tested the line again and it held nicely. Today’s possible ‘Doji’ candle ON the support line is a bullish sign. Next, we have a possible Symmetric Triangle formation, the orange lines. To view the charts and read more on my analysis, Click Here
Don’t forget to follow and subscribe to my blog for free. Stock/Options analysis daily and Free Forex picks for you Forex traders.
-Partnered since 2013