Falling Wedge & Improved Outlook for $PLUG
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:
TGT & 
HD - seekingalpha.com/article/3459476-up-next-for-plug-power-home-depot-target-and-breakeven
WMT - seekingalpha.com/article/3485406-wal-mart-doubles-down-on-plug-power-and-so-do-i
PG - news.pg.com/press-release/pg-corporate-announcements/pg-converts-hydrogen-fuel-cell-powered-forklifts-3-plants- Full List - plugpower.com/customer/whos-using-gendrive/ & plugpower.com/customer/whos-using-relion/
Currently I'm long from $2.52, $1.60 & $1.72 and plan to hold these positions very long-term.
Note
After bounce of the descending upper TL, PLUG has almost touched $3.00 & slightly retraced in anticipation of Mondays earnings report.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.