Plug Power, Inc.
Long

$PLUG | Bullish Channel & Key Structure

621
PLUG is trading within a bullish rising channel. Price just pulled back to test the channel support as well as the key horizontal structure level at $30. If market structure holds I expect a bounce and continuation to the upside.

Initial Confirmation above $32.50
Initial Targets: $34.80 | $38

Let me know what you think in the comments. Please leave a like if you agree with my analysis! 👍🏽

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.