$PLUG - Potential buy play with great R\R
Fundamental analysis:
Record quarterly sales for Plug Power grew 72% year over year.
Plug Power's plans for green hydrogen production have run into some delays.
The timeline for full hydrogen production capacity is being bumped back by about six months.
Technical analysis:
Support: $9 area
Buy: $9.19
TP-1: $10
TP-2: $11.13
SL: $8.61
Record quarterly sales for Plug Power grew 72% year over year.
Plug Power's plans for green hydrogen production have run into some delays.
The timeline for full hydrogen production capacity is being bumped back by about six months.
Technical analysis:
Support: $9 area
Buy: $9.19
TP-1: $10
TP-2: $11.13
SL: $8.61
Commentaire:
Gonna watch the next area of support at $8.
Transaction en cours:
Let's see if $8 support holds.