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DK1
4 nov 2013 18:31

Bullish Triangle Formed 

Plug Power, Inc.NASDAQ

Beskrivning

Plug has been in an uptrend for the past year, Nice volume and price movement.

since mid-September, a triangle pattern has been forming with a flat bottom around 0.57, In this scenario for PLUG (General uptrend, triangle pattern forming) I am expecting Plug to break through resistance and find a new support level.

Support at 0.57 has held strong, I predict a POP coming.

Prediction:
Buy @ 0.6 or lower
Sell @ 0.7 or higher
Mer