Plug Power Short-Term Chart Analysis: The 15-minute chart shows the stock has possibly made what technical traders call a double bottom at the $33 price level.
The price has been unable to cross below this level in the short term. The short-term chart shows lower highs with a flat bottom. This is something bearish technical traders may like to see.
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The stock is trading below both its 200-day moving average (blue) and its volume-weighted average price (pink). This may add to the short-term bearish sentiment for the stock.
Plug Power Daily Chart Analysis: The daily chart above shows there may be potential support near the $35 mark.