AMC Stock, Plug Power Stock (PLUG Stock), and Ethereum (ETHUSD) are all things that I am watching this week! Should you buy these stocks now? If you have any comments or questions with my AMC stock analysis, PLUG stock analysis, or cryptocurrency and chart analysis, drop me a comment down below!

Key Points:
-AMC stock is seeing another burst of momentum from the reddit crowd this week, up over 100% in the week. We see that AMC is the top most mentioned stock on WallStreetBets at time of recording, and that it has shown the FOMO gap in the trading charts. We see that the business of AMC is still loosing a lot of money, however they may be able to capture larger market share in the future.

-Plug Power stock has seen a good week, up 10% in the past week. I'm watching the stock this week because Plug Power is supposed to report earnings this week, which could increase volatility in the name. We see that PLUG stock has been in a pretty well defined downtrend since February, however it appears we may be able to wave out and trend upwards after hitting the 20$ support. Plug Power reported odd fundamental revenues, which makes it hard to understand how they are doing in terms of revenue growth. There are also concerns of share dilution, but upside potential due to macro factors with the adoption of green energy.

-Ethereum and other cryptocurrencies has had a volatile few weeks, and I'm watching this week to see if I can capture more Ethereum at a better price. Even though investing in cryptocurrencies are inherently risky, I do like how Ethereum fits into the future of the internet. Because of that, I am watching to see if there is more news to cause cryptos to fall lower, which for me, would be a buying opportunity.

-Investing in momentum names like AMC or PLUG is a bit risky at the moment, and investing in cryptocurrencies are always risky. There is a lot of momentum in the companies and Ethereum at the moment, so we could see large volatility in the next few days because there are likely a lot of traders in the name. As always, you have to consider the upside and downside risks before investing in the stock.

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Link (1) AMC stock seeing momentum push by WallStreetBets crowd (SwaggyStocks):
https://swaggystocks.com/dashboard/wa...

Link (2) Real time trading chart of AMC stock: https://thestockstudents.com/tradingv...

Link (3) AMC Stock earnings report:
https://s25.q4cdn.com/472643608/files...

Link (4) PLUG stock expected earnings date (Nasdaq):
https://www.nasdaq.com/market-activit...

Link (5) Real time trading chart of PLUG stock: https://thestockstudents.com/tradingv...

Link (6) PLUG Stock earnings report (4th quarter 2020):
https://s21.q4cdn.com/824959975/files...

Link (7) Real time trading chart of Ethereum (ETHUSD):
https://thestockstudents.com/tradingv...

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Disclosure:
At time of recording, I do not have any positions in PLUG. I have a position in ETHUSD, less than 1% of my overall portfolio. My family does have a position in AMC, less than 1% of our overall portfolio.
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#AMC #PLUG #Ethereum #stockmarket