Hydrogen fuel cell company Plug Power (PLUG) is long from $10.25. It is trading at $33.30 as of this writing in the after hours.
We have previously written twice that PLUG stock can go much higher and targets are likely to be raised.
Keep in mind that this is now a momo trade. The momo crowd can push it higher than you can imagine. There is no valuation support. The next target zone is $38 to $42. The new second target zone is $54 to $63.
What To Do Now
Those holding the stock, are aggressive and have taken partial profits may consider continuing to hold.
The buy zone for this stock has been raised a few times. For those not in the stock, a signal is likely to be published in the future to start a new Trade Around position. Trade Around positions are separate and distinct from the core position. Please see Trade Management Guidelines to learn about Trade Around positions. Please stay tuned to the Real-Time Feed.
This post was recently published on ZYX Buy Change Alert.
New Year Sale
Join your fellow investors who are taking advantage of the New Year sale in large numbers. Please click on the link below for more details.
Trades posted on The Arora Report Market Blog have produced unrivalled performance since 2007. These trades have been scrutinized in real-time by thousands of investors across the globe. This provides easy verification of performance for newcomers to this site. Only those trades are included in the performance where the entry post was made available to subscribers to The Arora Report Market Blog. When the entry post is made available only to the paying subscribers and not posted in real-time on The Arora Report Market Blog, the resulting performance of the trade is not credited in the performance table. There are very nice gains on this trade but since the entry trade was not posted here for the free subscribers in real-time but only made available to the paying subscribers, handsome profits on this trade will not be added to the performance of The Arora Report Market Blog shown on the table.
Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE
TRIAL TO PAID SERVICES.