Short $PLUG - Correction Anticipation

7 Oca 2020

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.

8 Oca 2020

Not

So another bull run today. Still anticipating this to retract in a major way because this parabolic rise is unsustainable.