PLUG 1D

This chart is actually a set up we featured a couple weeks ago. With a short term swing on PLUG from low 30s to low 40s. PLUG found resistance at the level we expected to find resistance.
For this next set up I plan to wait for PLUG to break the resistance, and turn it into a new support. I believe the news of Biden's infrastructure bill can help push a lot of EV charging stations.
Trend Analysis

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