StrengthTrading

TRADE IDEA OF THE WEEK IN CSIQ

Long
StrengthTrading Updated   
NASDAQ:CSIQ   Canadian Solar Inc.
We like how the Solar Sector is trading separate compared to the rest of the market right now so we entered this trade today. We are hoping for this to be a longer term swing trade for us but it depends on the price action. The momentum looks nice to the upside and I decided to post the weekly chart on this to show the strength in this current move.

Good luck to all!
Comment:
This trade is shaping up nicely right now. This is a weekly chart and you can see how nicely this is setting up. I really like the longterm outlook of the solar sector right now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.