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IvanLabrie
Apr 2, 2023 2:46 PM

$TAN: Solar names primed for a move up Long

Invesco Solar ETFArca

Description

If the ETF crosses the $84.03 mark during next week a huge rally can take place, daily charts are already bullish for a few days, I got into a position in FSLR, ENPH and RUN recently, but might add an ETF position in TAN as well if the weekly signal outlined here triggers.
Note that price crossed over the entire post COVID low till today Volume Profile POC here, which is an interesting technical variable, as it becomes easier to trigger a longer term trend signal as well if it gains traction next.
Best of luck!

Cheers,

Ivan Labrie.

Comment

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Bot AMEX:TAN here...above weekly mode, can fire a weekly trend if it holds up and moves strongly and consistently from here.
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