Xclusive-Trading

$ICLN Global Clean Energy ETF Reversal Trade

Long
NASDAQ:ICLN   ISHARES TRUST GLOBAL CLEAN ENERGY ETF

Found support on the local Fibonacci Golden pocket.
Moved above the POC.
Closed above the 8EMA.
Volume increased as did the volume in many stocks within this sector.
Potential day trade / keep 21ema in mind.

Comments

I don't know how to day trade yet but would it be fair to expect similar movements in QCLN and PBW iyo? Reason I ask is I picked up some October calls last week in all three to hold for a while. They seem to move "mostly" synonymous but for reasons that I don't understand one or the other can be more/less volatile. I'm a new trader and have come to the realization that the more I learn about this crazy market the LESS I know! I love to learn and am always seeking advice from all angles. Any advice when you have time would be well heard and appreciated.
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