PLUG looks to have broken out of its longer-term downward channels, showing strong volume, support, and momentum while re-attempting to break the $3.09s and push forward to our $3.49 PT. This also comes after HC Wainwright maintains a BUY on
PLUG, raising its Price Target to $7. Not to include, the company just delivered its first 10-MegaWatt GenEco Electrolyzer Array to Gilp, a Portuguese Energy Company.
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