Aug. 20 at 1:59 PM
$PLUG $PLUG continues to show impressive relative strength. Despite weakness in the broader market, Plug Power remains remarkably stable and keeps its recent upward trend intact. That stands out even more when compared with peers such as
$BE,
$BLDP and
$FCEL, which have shown noticeably greater volatility and selling pressure.
After the strong Q2 progress and improved outlook, buyers continue to defend
$PLUG. The stock’s ability to hold its ground while the market struggles is a bullish signal: selling pressure is being absorbed and momentum remains constructive. For me,
$PLUG currently shows one of the strongest setups in the hydrogen sector.
