I’ve been closely watching renewable energy stocks. It’s hard to ignore the fact that over the next decade, energy demand is likely to grow to unprecedented levels. Solar won’t solve everything, but it clearly has to be seen as a relevant player in this market.
I’ve been “dating”
CSIQ Canadian Solar for quite some time. I missed the upside move in October 2025 due to fear. Still, conditions may now be starting to align for reconsidering a potential entry.
From a technical perspective, the chart is forming a very clean falling wedge, with the 200 EMA (light green) and the 400 EMA (pink) sitting very close — roughly 6% to 10% above current price levels.
The 0.786 retracement from the last relevant low is also nearby, aligning closely with the 200 EMA.
Thoughts?
I’ve been “dating”
CSIQ Canadian Solar for quite some time. I missed the upside move in October 2025 due to fear. Still, conditions may now be starting to align for reconsidering a potential entry.From a technical perspective, the chart is forming a very clean falling wedge, with the 200 EMA (light green) and the 400 EMA (pink) sitting very close — roughly 6% to 10% above current price levels.
The 0.786 retracement from the last relevant low is also nearby, aligning closely with the 200 EMA.
Thoughts?
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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.
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.