PLUG has been trekking upward since February. Tuesday the stock made a move to hold above the 50-dma and break through the 200-dma on increased volume. The chart is in a nice position to challenge resistance at 53 cents as the indicators hold bullish readings. Support is at the previous resistance of 41 cents.
To view the video chart, visit the following link:
Please see disclaimer on the MissionIR website
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
