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Plug Power, Inc.
Short
Updated

Short $PLUG - Correction Anticipation

359
PLUG is highly volatile and had a huge "buy the news event" when it announced a $172m contract over 2 yrs by an unnamed buyer. This is undoubtedly good for PLUG over the long term, but an +18% move yesterday is optimistic at best. Shorting for a 5-8% profit exit.
Note
So another bull run today. Still anticipating this to retract in a major way because this parabolic rise is unsustainable.
Deimosfinancial
Beyond Technical AnalysisPLUG

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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.
Beyond Technical AnalysisPLUG
Deimosfinancial

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.