$PLUG - Could see a reversal

PLUG is trading inside a multi-year descending wedge. There is a potential inverse head and shoulder forming on the hourly chart.

Breaking above $9 could send the stock to $10.50 in the near term.

The stock has 19.90% short interest, making it a potential short squeeze candidate.

In the long term, if the stock can break out of that wedge, it could potentially reach $30.

Targets:
- $10.50
- $12
- $14
- $19

Risk:
- $7.60 - $5

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