Usstocks
$COO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $COO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 77.78%.
$CPB with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CPB after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
Time to pull the PLUG?Plug Power - Short Term - We look to Sell at 14.94 (stop at 16.92)
The medium term bias remains bearish. A break of the recent low at 13.68 should result in a further move lower. The sequence for trading is lower lows and highs. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. Preferred trade is to sell into rallies.
Our profit targets will be 8.01 and 7.50
Resistance: 13.68 / 14.96 / 18.26
Support: 12.70 / 11.90 / 10.92
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