First Trust NASDAQ Clean Edge Green Energy Index FundNASDAQ
Description
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Great fund, love EVs, and it's paid out handsomely by just buying the dip and following prudent stop losses.
Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point. M top for now, expecting bottom in 1-2 more trading days
Watching for reentry near $72, expecting resumption of uptrend soon after
Exited most of my longs at the end of the year. I ended up giving back about 1/2 of my gains on paper by keeping some into this year so far.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Comment
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Beautiful bounce on the 200MA, and then, a red candle to end the day.
Updated Price target $76 - .618FIB
Comment
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Note the negative divergence on RSI. I think we get one more small down swing, the up we go.