Liking FSLR's mission, esp w Biden this company has potential. It seems to be strongly holding the levels plotted - January calls could work above 90.70 or on a bounce of the 86.45 level
The Top 20 ETF of Q3 based on YTD returns to Sept 30 are (see below) and we can learn a lot from them... Holding Size, Position Weight $XVZ $TAM $VIXM $VXZ $ARKG $ARKQ $ARKK $QCLN $PBW $ONLN $FNGS $CLIX $IBUY $OGIG $IPO $KGRN $WCLD $ACES $HERO $ARKF Number of Holdings Lowest 1 Highest 72 Median 43.5 AVG not counting the single holders 43.1 ...
LOOK at CHART and DRAW your OWN CONCLUSIONS
Solar Ind. ETF solar power equipment producers inc/ ancillary or enabling products. Main holdings SEDG, FSLR, ENPH, RUN 1ST ENTRY 77.14 BKOUT 80.78 (SET ALARM) TARGET Long no target Trailing stops THIS IS FOR EDUCATIONAL PURPOSES AND IS NOT INVESTMENT ADVICE.
I added to my position today. Let's see if this can hit $23, then start pushing back to it's ATH's.
Checking FSLR we can immediately see a warning signal from our CDV indicator at the bottom of the chart. Since Oct 7th, we've been on a down trend indicating the bulls are really losing momentum and the bears may be ready to feast. This is a bit of surprise since they had a big earnings beat only two weeks ago. On top of our CDV divergence it looks like we also...
Monthly Uptrend since 2019 it green energy stock Weekly In uptrend corrected 4H I will wait for retest above level 250 and open Long Open 252 SL 220 TP 335 RR 2.8 Buy only when retest fnished and uptrend has power
POLITICAL AND MARKET CONTEXT Specialized on silver production that is a basic raw material of photovoltaic solar panels. Renewable energy consumes up to 30% of world silver production. If Trump wins, price of metal might still rising due to his monetary (inflationary) policies. If Biden wins, BHP will be a huge player as a raw material supplier of a...
Perhaps BOUGHT in a BIT too early, BUT still LIKE the TRADE.
Consolidating after remarkable strength, room up to the confluence of the fib and Bollinger band on more strength in solar
I think we are seeing a massive top in many stocks, solar looks specially vulnerable and it's one of the sectors I'm short of. If it doesn't break over today's high going forward chances are it is dropping all the way back down...We would need a Biden victory, or a tax law change for this to come to pass though (oil dropping would also help, or subsidies going...
POSTED AGAIN .... for Those who missed it
FULL DISCLOSE: .... I already OWN this GREAT COMPANY WHILE I believe (in General) US-Markets will Dip down TOMORROW ... WHERE this STOCK WILL GO is going to be interesting ....
It looks like TAN the solar ETF is ready to break to new highs. Very bullish. The solar sector has been very lucrative lately. IF TAN breaks above the horizontal red line indicated by the previous high it should find traction. The price is currently above all the supporting averages. Volume is building.
After recommending NYSE:JKS for long term purchase last November, idea went trully ballistic in recent months making around +500% since the time of recommendation. Despite such price increase, company still does not seem particularly expensive (it was a bargain in low teens) and high purchasing volume also hints that trend higher may continue for years to...
I've been long on DQ since 140 and I feel like there's a strong chance of a short term price correction to resistance levels of around 200 in the next couple days. Momentum has been ridiculous, fueled mostly by hype, since their earnings are really nothing too special / worthy of their PE. I'm seeing strong bearish divergence on the daily RSI on today's high (see...