SpinTrades

PLUG over 70.00

Panjang
NASDAQ:PLUG   Plug Power, Inc.
Beautiful wedge forming here, my guess is that it takes a day or two for price to close right around this level, and then a big break over. Of course this could bust through with conviction on high volume in one day, but more likely that it takes a day or two to set up. Can use the opportunity to position with long dated calls or shares, I think there’s a high likelihood this breaks to the upside. The wedge is a reliable pattern given then strong run up, and EVs are a hot sector likely to continue rapid growth.

Penafian

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