Up 2.54% yesterday, 50 MA approaching the 200 MA w/ price above. Stoch RSI trending up, MACD trending up, SQZMOM just turned green. Looking to enter when 50 breaches the 200.
$TAN Watching MACD turned up price over 20 MA SQZMOM green. Need price over 50 MA with 20 MA breach 50 MA. This is one of those where we are early. In other words the price isn't above all MA's yet. So one could take the trade as long as MACD is up and preferably long entry timed when 20 MA is about to breach 50 MA and price is above. But watch out for the 200 MA...
Current setting is similar to December 2012, where a breakout produced several hundreds percent gains. Buy breakout here at about $18.50 with a stop at about $16.50, as it has the potential to $33.
nothing yet, so be patient for MACD > 0, stronger RSI, and price above 10 MMA. Losing blue support will be bad.
Looks great on a lot of time frames. Nice prior retest gap which did retest. Target is about $32.10.
Thinking about adding position to it, but it might be a good idea to wait until it can break out (which I expect it will happen but like to see it), because of the double resistance.
Now above 2 resistance lines, and above last year's high. Will be even more bullish if it can keep this to the end of the month. Technicals are all bullish.
TAN extended the strong rally off the 31.77 low (January 20, 2015) to break above a 12-month falling channel (from March 2014 high), completing a bullish flag pattern on the monthly chart and triggering further gains towards 51.07 (March 7, 2015 high). Clearance above there would confirm a higher base and accelerate the uptrend towards 53.00 (50% retracement of...
It also managed to go above 10 month MA, which is another plus. MACD turns positive and RSI is healthy. Volume began to pickup too. Looks like a long term buy.
Great Risk to reward entry, and double bottom pattern coinciding with the uptrend line since 2013
Since the beginning of March this solar ETF entered into bear channel and was laggard sector vs broad market as investors were buying major cap, high dividend stocks. Nevertheless, it is just 38% pullback from big move from $15.00. Now, it builts higher highs and higher lows - strength of buyers. Yesterday, it closed near highs and broke previous dwing high at...