ToS: Ballard Power Systems (BLDP) shares gained 10% in trading Monday after the provider of clean-energy products said it has signed two new fuel-cell technology contracts, one with Ardica Technologies and one with an unnamed global automotive original equipment manufacturer.
Setup - PR outbreak - long
Daily chart - BLDP was this morning gapper and had a about 13% run in the premarket.
Intraday (5-min) - Opening break range (ORB) setup
Entries: $2.71, $2.70, and $2.69
Stop: 5c (very low risk trade)
Target: $2.80, ideally high during pre market
Exit: scaled out
Click on my scheen shot below:
Execution detail:
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