Plug stock price saw a 5-day moving average climb above
Plug stock price saw a 5-day moving average climb above the 20-day trend line, a bullish crossover pattern that could attract swing traders looking for upside in hydrogen infrastructure investments. Plug Power Inc. (NASDAQ:PLUG) touts its partnership with Galp as its largest worldwide, with the project capable of producing up to 15,000 tons of renewable hydrogen per year and replacing 20 percent of the grey hydrogen currently used at the Sines Refinery. Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. Plug stock price hovered around $2.85 in pre-market trading after reports of increased European orders for fuel cell systems, signaling stronger forward sales momentum.
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