SpinTrades

Amazing opportunity in Solar: Breakout of nine-year base

Long
AMEX:TAN   Invesco Solar ETF
Solar energy is at a historically interesting spot. Purely from a technical perspective, TAN is backtesting support level from over a decade ago following the breakout of a nine-year base. From a fundamental perspective, with upcoming infrastructure plans from the Biden administration and policies likely favorable to alternative energy, there are multiple potential catalysts to drive the sector. higher.

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