More bubble discussionEventually the EV bubble has to burst, but it's looking to me like we might not reach peak bubble until June. Zero interest rates and what not...
CSIQ chart from the 2007 bubble. Funny thing is that I was looking for a dot com bubble and FSLR is the only one that survived, lol.
Trade ideas
Another SOLAR MoverPlease observe that there is a wedge forming on this canadian solar company's stock: $CSIQ. Upon a breakout of the wedge I'll be buying up to the targets noted on the chart.
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$CSIQ with a bullish outlook following its earnings release$CSIQ posted its earnings with a positive over reaction following its release with the PEAD placing the stock in Drift B with a bullish outlook
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$CSIQ Canadian Solar 60% Upside Medium term.
Latest breakout in CSIQ underway as volume and
sentiment swings away from Big Tech into emerging
growth sectors. A possible Biden Win is a major catalyst for the Solar industry.
It may be to much to expect another 60% impulse wave higher as per previous moves,
but short term $48 $52 $54 is in play.
Cup and Handle Overbought Rising wedgesOverbought on weekly and daily RSI, not monthly. Rising wedges noted in chart. Just beware as rising wedges are most often bearish.
By looking at chart, I would think a pull back is coming very soon, although monthly candle looks good as does weekly candle. Just because it is overbought and a lot of green leading up to recent high. I would think someone is going to sell soon.
Possible stop below 18.5
I do not own this and it is Not a recommendation.






















