After the boom of energy stocks at the beginning of this year, now the retracement seems like a great opportunity to reenter the space.
On 4/30/2021 HC Wainwright Brokerage Reiterated Rating for SOL ReneSola to a Buy with a price target of $15.00
Based on the resistance ahead, i have a short term price prediction of 12.5usd.
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells projects rights. In addition, its engineering, and procurement and construction...
This is a good opportunity for LONG.
You can enter the market when we break blue EMA for $17.
If we have price correction back to $13, then STRONG BUY.
PROFIT TARGETS:
$28
$35
