PLUG has been pumped and dumped pretty hard, but it's not dead, as a matter of fact it has a positive bullish formation on weekly since the last few months, moreover, monthly frame has finally bottomed out for the first time since 2022 and has regained the support level, it's not yet bullish on monthly but it's a significant improvement. Currently, there's a consolidation on mid-term with rising trend strength which is in the formation process of bullish trend continuation.
Also, when assessing their fundamental priorities or incentives, you may want to consider the demand for their products during the AI boom which can be the further trigger for the growth.
Also, when assessing their fundamental priorities or incentives, you may want to consider the demand for their products during the AI boom which can be the further trigger for the growth.
Nota
P.S.There are many other indicators that are being used for this TA, the above snapshot is only an example. The usual setups and strategies include indicators like trend strength, squeeze oscillator, etc. from trading firms like Simpler Trading, GoNoGo Charts, Larry Williams and others.
And as you should know - always follow your strategy and make your own choices.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.