Nice Opportunity in Clean Energy!There seems to be an Ending Diagonal completed or very near completion, and this should mean a decent return over the next several months.
INRG/N trade ideas
This clean energy fund is ready to take off!For a long time now in this 4th (corrective) wave. Will wave 5 start soon?
Possible breakout on the upsideWe have seen IQQH one of the biggest european etf by fund size (5161 m Euro) trend sideways since June this year.
Finally we see the stock price break above the resistance level at 11.5 euro. We shall see how this plays out, i'll be eying to see how this stock trends in the next weeks as the earnings season plays out.
We can wait and see if the 11.5 euro price becomes a new support of if this breakout becomes a excess and the ETF comes back to trading sideways.
Short projectionAfter the UK government announced regarding investing in renewable energy, we are seeing this astonishing rising
Making HIGH-LOWS and LOW-LOWSPrice is below 200MA and is doing HH-HL. Maybe it will rebounce when it touch the 20MA (FIBO 61,8%) but there´s a high probability that the price will go lower and do a double-bottom.
Making HIGH-LOWS and LOW-LOWSPrice is below 200MA e is doing HH-HL. Maybe it will rebounce when it touch the 20MA (FIBO 61,8%) but there´s a high probability that the price will go lower and do a double-bottom.
