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
Note
Gonna watch the next area of support at $8.Trade active
Let's see if $8 support holds.
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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.
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.