1pm update - plugged into hysteria

Whilst the main market continues to attempt to claw back to green, there is some notable hysteria in Plug Power (PLUG), +33% in the $11s - having been in the $6s just a few days ago. Despite making no profits, the stock is soaring on heavy buying volume.


PLUG, daily (non log chart)

Summary

PLUG even got a mention on clown finance TV this morning.

On any basis..this is now a parabolic hysteria based insanity.

Completely vulnerable to an extreme intraday reversal at any time.
--


As for the main market...

Not much to add...bears just don't yet have the downside power. Broader trend remains...UP.