Great fund, love EVs, and it's paid out handsomely by just buying the dip and following prudent stop losses.
Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point.
M top for now, expecting bottom in 1-2 more trading days
Watching for reentry near $72, expecting resumption of uptrend soon...
QCLN I want to believe. I really, really do. 56% return in 3 months. But RSI, MACD and stoch all say BEWARE
Electric Vehicles, Fuel Cells and Hydrogen Oh My!
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Yes I haven't buy this one NASDAQ:QCLN , I don't know how it happened but it did. Now with this possible pullback I be watching it to buy strong. I see 3 different buy points in this chart, but I think the purple zone would be the best one. Even thought I would like to buy on the 50 day MA, anything could happen. Now is time to wait.
QCLN is an Electric Vehicle/Hydrogen ETF that has done well for me.
It's on monthly cycles going up 25-30% then dipping about 7%. I'm looking for another dip this week to buy more.
Note: I am looking for this to likely peak and a real correction early next year, but I think it will be a great short term investment.
*NOT FINANCAL ADVICE - NOT A FINANCIAL ADVISOR*
QCLN holds a broad portfolio of US-listed firms in the clean energy industry. Eligible companies must be manufacturers, developers, distributors, or installers of one of the following four sub-sectors: advanced materials (that enable clean-energy or reduce the need for petroleum products), energy intelligence (smart grid), energy storage and conversion (hybrid...