Newmont gold miner, after more than doubled from a 2016 Cup & Handle formation, came back down to retest the neckline at around 40. As you can see in the chart, it reached the top of the 2009 channel near 85 on April 2022 & went vertically down to retest the channel base near 40, with the usual chopping near the mid channel dotted blue line. Very bullish cases:...
Shoals Tech Grp p is a leading provider of electrical balance of system or “EBOS” solutions for solar photovoltaic, energy storage and eMobility. IBD ranks NASDAQ:SHLS in number 6 of its industry and has a 95 in its relative strength rating. Looking at the company's valuations, pure fundamentalists would say it's overvalued. But, the technicals clearly signal...
Renewable energy stock moving on volume. Play the leaders! You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Making breakout from pennant consolidation, volume behaving nicely. Clean&Renewable Energy showing signs of strength big time. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
TAN solar etf together with its main component ENPHASE energy has been on a tear lately. ENPH made a W-pattern in 2021 & is again repeating it this 2022. It currently made a double top at 283 but shows no sign of rejection yet. If it retraces then the W=neck at 222 will be retested. But if it breaks above 328, then the Fib 1.272 at 328 will be the next target. Not...
Signs of accumulation on the right side of this ascending triangle formation JKS holding up nicely since March 2022 while the general market is going down Outperforming the SPY, Sector and Industry You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas
Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 60.33 ✨ It means if you risk here 100$ you may make 6033$ Not bad, huh?
The adani green energy chart shows a breakout of 2Month of consolidation breaked with good volume the price will fly up in upcoming session . It's one of largest renewable energy company .
More downside first! Needs to test the bottom trendline of the descending broadening wedge before upside!
The SPROTT Physical Uranium Trust TSX:U.U is showing a triangle formation on the daily chart. There is a number of reasons why I am inclined towards higher Uranium prices: 1. Rising inflation. 2. Rising commodity prices. 3. Supply chain problems (although doesn't apply to Uranium that much). 4. Energy Crisis! 5. The world starting to see that Nuclear energy...
Tritium DCFC saw a large increase in valuation after the US president mentioned the company in a press conference. Market participants clearly acted irrational after the announcemnt as shown in the chart. DCFC reached the $20 range and has since sold off to the $10 range. This reversion back to an efficient market valuation is a buying opportunity. I believe...
NSE:BORORENEW Borosil renewable is looking bullish as giving breakout of descending triangle pattern after consolidation, and has retested the support by making a hammer .
Hey the renewable energy sector has underperformed the market in 2021, will look for an entry of $15-16 area in 2022 for a big swing stay updated.
Hey the renewable energy sector has underperformed the market in 2021, will look for an entry of $50 area in 2022 for a big swing stay updated.
The technical figure Pennant can be found in the US company General Electric Company (GE) at daily chart. General Electric Company is an American multinational conglomerate incorporated. Until 2021, the company operated through aviation, power, renewable energy, digital industry, weapons manufacturing, locomotives, and venture capital and finance, but has since...
s.e 10.38 s.l. 9.56 t.p. 12.43 The graph shows an important bull trend, the indicators divergence like MACD and SMAs show how we are not yet in the best position of entrance so we have to wait in order to clarify the message of indicators. however the sentiments is quite good on this company so a long position is good to do, that's why the stop loss is so...
NTPC/USD Information: National Thermal Power Corporation Limited is the largest power utility in India, both in terms of size and efficiency. The statutory corporation has done new investments in renewable energy sources on the Indian market. Signals: Position: Long Entry price: Limit order at 1,60 USD. There could also be an argument made about placing...
$MNTK Montauk Renewables has seen some major upside recently. Yes we are late to the party but the lack of volume is off-putting. Today 9/15 there was a spike in volume on the final 30minutes. It was selling pressure after reaching a intraday high of 12.21 The daily chart shows clear defined levels we can play if the trend continues. We are watching a break...