PLUG is in focus as the main momentum mover to the upside this morning. Looking at the daily chart setup, first below, on top of the news flow for the firm you can see a coiled triangle pattern.
However, you can also see the wild price swings just this morning, with the stock well off its highs as I write this. I suggest using this as a day-trading vehicle, especially while the rest of the market momentum remains suspect.
As evidence, consider the still-weak Google, a bonafide market leader. The stocks looks like a short idea, down out of the descending triangle on the second chart, below.
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Thanks. Also, that coil on PLUG extends all the way to the apex, which often means the following breakout will be weak.