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chaseflores10
Oct 13, 2021 4:33 AM

3 green soldiers for NOVA tomorrow? Long

Sunnova Energy International Inc.NYSE

Description

NOVA has been picking up momentum. Nice falling wedge breakout, RSI is very bullish, increasing volume along with 2 strong green candles. I think we get one more green candle tomorrow to complete the 3 green soldiers pattern. Short term PT is $41-$43. Be aware of the quarterly options expiration this Friday though, Max pain is above $35 for puts and below $40 for calls. Might get stuck in-between until next week. Cheers to the free market lol.

Comment

Expecting NOVA to touch $41 tomorrow and then magically sell off Thursday at close or Friday at open.

Comment

Well what do you know, NOVA couldn't seem to break $40. Touch $39.98 and sold off. Had heavy selling before close yesterday and today.
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