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Orlikon
Feb 9, 2022 5:13 PM

Clean Energy Index Fund - Good entry level Long

iShares Global Clean Energy ETFNASDAQ

Description

Clean Energy sector shows a solid entry point.
Fib retracement and fib extension seem to have formed a bottom at the 17 level.
IMHO this is a good entry level, with SL below 17 and target above 40 offering an 8:1 ratio.
The macro outlook also support the bullish case.
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