Falling Wedge & Improved Outlook for $PLUGNASDAQ:PLUG is a company I've had my eye on for some time. Their share price has plummeted over the last few years as a result of poor earnings reports & over-ambitious revenue expectations that fell embarrassingly short.
However, over the past few months they appear to have improved revenue expectations and added some great clients, including:
NYSE:TGT & NYSE:HD - seekingalpha.com
NYSE:WMT - seekingalpha.com
NYSE:PG - news.pg.com
Full List - www.plugpower.com & www.plugpower.com
Currently I'm long from $2.52, $1.60 & $1.72 and plan to hold these positions very long-term.
