josiason17420

Symmetrical Triangle - Watching closely

Long
AMEX:TAN   Invesco Solar ETF
Very similar formation on TAN and the ICLN as expected, personally am bullish long-term. Closed on Friday sitting right on its 200-day EMA which it has previously bounced off of as well as approaching the end of a big symmetrical triangle. Undoubtedly a long-term play, but will be keeping a close eye on this one. Just some support and resistance levels and some RSI based supply and demand zones to keep an eye on as well- bullish