Plug Power Inc (PLUG)

[Jack_Bolander]

EC - There is NO BOTTOM Yet.

The latest Quarterly Earnings Report was actually a very serious NEGATIVE CATALYST, and drove PLUG's share price to New Lows.
The negative pressure and Down Trend in PLUG's share price will continue until there is a MAJOR Positive Catalyst, strong enough to reverse the trend and stop the bleeding.

We have not seen and positive catalyst in some time.

We still have TAX LOSS SELLING Season to go through, which could easily drive PLUG into the $2.00's.

And I don't see the DOE, Treasury of Georgia being a catalyst in 2023.