Plug Power (PLUG) recently crossed above the EMA 200 and is now trading close to this key level. Furthermore, a long-term trendline, combined with supportive oscillator signals, suggests the potential formation of a bottom. The daily EMAs and SMAs indicate an even more compelling setup in the European XETRA trading sessions. This sets up an intriguing scenario where PLUG could experience a dynamic upward movement in the near future.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.