Plug Power Inc (PLUG)

[THREE-DAY-TRADER]

$PLUG is testing 1.18 again for 3rd time since November.
Interesting to see if it holds. Any stop-loss should be applied based upon that holding because it is such a critical support area that needs to hold. If it gives out @ 1.18, a good chance 1.10 or even lower toward .90 could occur.
I'm still 'watching' it.

In terms of current state of trading trend direction along with RSI & other basic indicators, it would not surprise me to see it break thru below 1.18... But we shall see what happens.
If, however, the 1.18 area holds, it would likely be a very bullish sign in the short term.


I'm still sticking to what I said in prior weeks:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127760809
01/10/17
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127525690
12/30/16
{"been waiting to see if it sells off some more yet toward 1.15 or perhaps 1.00"}