BLDP and PLUG update: March 5th 2014
- vedanup
- Mar 5, 2014
- 1 min read
These 2 stocks are breaking all the rules. In a down day they survived the fallout. i still feel that this is the year for the Hydrogen cells, but as per the technicals it has to pull back to the sustaining levels. But again they are defying all the rules. if you look at the chart, it clearly shows that the old support has become the new resistance. If we get past this one it will shoot off to $9-$11. I am still very bullish for both the stocks but chart says they have to come down. i sold half of my position in BLDP today. Waiting for a better entry.
Also I bought some IGXT today for long term. It is very speculative play like Mankind. All depends on approval. can be a big winner or a total loser.
I had bought Rox @0.82 on Feb 24 2014 and as of today it is up by 29%. i will hold ROX till 1.50 or higher by end of 2014.
Comments