Chartpatternz

Bullish Pennant Formation - Looks like its going to breakout!

Panjang
NASDAQ:PLUG   Plug Power, Inc.
Price had a rally early January based on good news from Plug Power. The company formed a $1.5billion deal with SK Group, and soon after announced another partnership with Renault in the same week. Biden Green New Deal is also another factor that is pushing green energy to a whole new level.
Currently we can see some price consolidation forming into a bullish pennant pattern. Am expecting a breakout soon. Excited for where this stock will go!
TP1 = 87.28 (height of flagpole)
Stop loss = 56.66
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.