Solar ETF $TAN looks primed for a move higher.

AMEX:TAN   Invesco Solar ETF
Solar stocks that make up the largest holding of Solar ETF TAN all appear to be bouncing off of a support level after a very long and tight consolidation. Could be ready for a larger move over the next few months, but expecting a bounce to at least the larger resistance zone at around $75 in the next week or two. Noticed large volume on July $72.50 calls and August $75 calls, and have been in August 18th $75 calls since the bounce at support around $70

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.