PLUG Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Increased adoption of green hydrogen solutions and expected regulatory support could lead PLUG to profitability, buoying stock prices as market sentiment shifts positively.




Bearish Case: Persistent cash burn and lack of profitability, coupled with high volatility in options, indicate concerns that could drive stock prices lower in the near term.




Potential Outcomes:

1. PLUG achieves profitability through operational efficiency (40%).

2. Continued financial struggles lead to a stock decline (45%).

3. Positive regulatory developments enhance growth potential (15%).




Trading Oracle: Sign Up to access trading oracle trade ideas.



November 08, 2024


Plug Power Forecast

PLUG        Plug Power











Correlated Assets

Assets that tend to move strongly with PLUG



CSIQ Forecast + Options Trading Strategies   CSIQ  Canadian Solar (0.93)


SYNA Forecast + Options Trading Strategies   SYNA  Synaptics (0.92)


DDD Forecast + Options Trading Strategies   DDD  3D Systems (0.92)


TITN Forecast + Options Trading Strategies   TITN  Titan Machinery (0.91)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.91)



Uncorrelated Assets

Assets with little price relationship to PLUG



EXTR Forecast + Options Trading Strategies   EXTR  Extreme Networks (0.0)


CHAU Forecast + Options Trading Strategies   CHAU  Direxion Daily CSI 300 China A Share Bull 2X Shares (0.0)


DECK Forecast + Options Trading Strategies   DECK  Deckers Outdoor (0.01)


TROW Forecast + Options Trading Strategies   TROW  T. Rowe Price (-0.01)


HSY Forecast + Options Trading Strategies   HSY  Hershey (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PLUG



SPOT Forecast + Options Trading Strategies   SPOT  Spotify Technology (-0.88)


GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (-0.88)


RSG Forecast + Options Trading Strategies   RSG  Republic Services (-0.89)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.9)


PPC Forecast + Options Trading Strategies   PPC  Pilgrim's Pride (-0.9)









Become a more profitable investor with AI optimized trading strategies






×

Chat with PLUG


 Ask any question about PLUG!