Plug long after the correction (Under Valued by 30%)
Tgt: 4.90 based on technicals
partial take profit: 4.52 intrinsic Value
Wallstreet Tgt: $3.1
Reason --> News: The Treasury Department issued new rules on Friday for companies trying to get tax breaks for making clean hydrogen — a fuel that could make some of the world's dirtiest industries "green."
Competitor alternative stock BLOOM , did not trade Bloom due to overvaulation
Info:
In the heart of the green energy revolution, Plug Power Inc. has carved out a niche as a pioneer and leader in hydrogen fuel cell technology. Founded in 1997, the company initially faced skepticism about hydrogen’s viability but persisted in developing robust solutions that harness the power of this abundantly available element. Plug Power's primary focus is on producing fuel cells that replace conventional batteries in equipment and vehicles powered by electricity. These fuel cells use hydrogen in an electrochemical process to create energy, where hydrogen combines with oxygen to produce electricity, with water as the only byproduct. This innovation is a game-changer in the push towards sustainable industrial applications, offering a cleaner alternative to fossil fuels without sacrificing performance.
Fundamentals:
Long term future: Hold/Sell
Bad deal with Amazon selling products in loss
Pontential Revenue increase till 2027 and improvement
Cashflow: Negative over the next 10year so bad future coming
Gross Profit: Negative -612m
Revenue Growth: Negative
Net Income: Negtive -1.4B
Solvency: Long-term 50/50 (short term no worries)
Technicals:
Stock down 90% Big Picture
A jump after News and short-term correction
Getting recjected by VAH and Fib and almost VWAP
partial take profit: 4.52 intrinsic Value
Wallstreet Tgt: $3.1
Reason --> News: The Treasury Department issued new rules on Friday for companies trying to get tax breaks for making clean hydrogen — a fuel that could make some of the world's dirtiest industries "green."
Competitor alternative stock BLOOM , did not trade Bloom due to overvaulation
Info:
In the heart of the green energy revolution, Plug Power Inc. has carved out a niche as a pioneer and leader in hydrogen fuel cell technology. Founded in 1997, the company initially faced skepticism about hydrogen’s viability but persisted in developing robust solutions that harness the power of this abundantly available element. Plug Power's primary focus is on producing fuel cells that replace conventional batteries in equipment and vehicles powered by electricity. These fuel cells use hydrogen in an electrochemical process to create energy, where hydrogen combines with oxygen to produce electricity, with water as the only byproduct. This innovation is a game-changer in the push towards sustainable industrial applications, offering a cleaner alternative to fossil fuels without sacrificing performance.
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Fuel Cell Systems
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Hydrogen Infrastructure
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Energy Services
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Electrolyzers
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Stationary Power
Fundamentals:
Long term future: Hold/Sell
Bad deal with Amazon selling products in loss
Pontential Revenue increase till 2027 and improvement
Cashflow: Negative over the next 10year so bad future coming
Gross Profit: Negative -612m
Revenue Growth: Negative
Net Income: Negtive -1.4B
Solvency: Long-term 50/50 (short term no worries)
Technicals:
Stock down 90% Big Picture
A jump after News and short-term correction
Getting recjected by VAH and Fib and almost VWAP
Note
we are moving towards my prediction but I will watch the vwap
Note
I am observing an ABC correction, which aligns with the current status of ES! showing consolidation and a potential move up. Overall, ES! remains bearish.
We are at the Golden Fib level, and I am looking for a move up to the 0.382 Fib level as wave B.
Trade active
trade active we have reached our target.
have a big support area from here
Note
we are also at the vwap and and POC
Note
I have adjusted my stoploss and made to 1:11