Plug Power, Inc.Panjang
PLUG (Trade 2) Bullish
Second way to look at this on in the very medium term is bullish we have bullish structure from December of 2013 and are on a inside retrace from new structure high. Market has not yet broken previous structure low in this is a rare opportunity where price is below entry and fib .76 where I get a even better risk/reward. So since your long this trade I would stay long targets at 11.69 and stops at 2.20. Will be taking this trade on market open, cant pass on the risk/reward even though the overall multi year bigger picture is extremely bearish. So this is a good one stay long
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Penafian
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