Bullish Pennant Formation - Looks like its going to breakout!
Price had a rally early January based on good news from Plug Power. The company formed a $1.5billion deal with SK Group, and soon after announced another partnership with Renault in the same week. Biden Green New Deal is also another factor that is pushing green energy to a whole new level.
Currently we can see some price consolidation forming into a bullish pennant pattern. Am expecting a breakout soon. Excited for where this stock will go!
TP1 = 87.28 (height of flagpole)
Stop loss = 56.66
Currently we can see some price consolidation forming into a bullish pennant pattern. Am expecting a breakout soon. Excited for where this stock will go!
TP1 = 87.28 (height of flagpole)
Stop loss = 56.66