PLUG 1D - powered by a golden cross

17 Eyl

The current PLUG chart highlights a key technical shift: the golden cross (MA50 crossing above MA200), usually seen as a potential mid-term reversal signal. Price has broken out of its downtrend structure and is retesting the breakout zone around 1.60–1.68, forming a possible accumulation base. Targets are defined step by step: first at 2.03 (major resistance and Fibo 1), second at 2.85 (Fibo 1.618), and third at 3.33 where strong volume and supply zone meet.

Fundamentally, Plug Power remains a high-risk play: heavy debt, negative cash flows, yet renewed investor attention thanks to green energy incentives.

The tactical view is clear: if the stock holds above 1.68, the road opens toward 2.03, and further breakout may accelerate momentum. A drop back below MA50, however, would invalidate the bullish case.

In short, the market is now deciding whether PLUG becomes a green-energy comeback star or just another unplugged socket.

18 Eyl

İşlem aktif

#PLUG +28% - first target closed at 2.03 - next targets are 2.85 and 3.33, respectively - if desired, you can lock in part of the position ✔️

27 Eyl

İşlem kapandı: hedefe ulaştı