Monday, April 9, 2012

Plug Power, Inc. (PLUG) Video Chart for Monday, April 9, 2012

A classic bottom play, PLUG gapped down on Thursday before pushing upward to close ahead for the day, forming a “piercing line” 2-day candle pattern. Because of the sharp drop, support is limited, but the chart is worth putting on radar for a technical correction and confirmation of a reversal.

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