Jontripathi

PLUG Power Possible Reversal

Long
Jontripathi Updated   
NASDAQ:PLUG   Plug Power, Inc.
It's the first time since July we have seen the price movement - break above Anchored VWAP

Key Level to hold would be SMA100 which is being tested at @ 27.66 and needs to be held.

Money flow went positive with MACD showing a positive indicator too

Momentum just went above one which is a very healthy indicator.

The next key resistance level will be at SMA200 35.41
Trade active:
Holding well above Anchored VWAP
Trade active:
Next break needed of 35.10
Trade active:
Anticipating good run-up towards ER - possible break of 40 before ER
Comment:
Still holding full position
Trade closed: target reached

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