Whole Solar Sector got a downgrade to hold Found Support
Solar stocks seems to be gaining back momentum. SHLS has formed an obvious higher low RSI & Price, with potential to follow its peers. 29.66 intermediate support
INVESTMENT HIGHLIGHTS : EBOS : mission critical components for power grids; necessary to carry electric current produced by solar panels to an inverter and power the grid. Customers : engineering, procurement, and construction firms. Plug-and-play components : installing components is expensive; products improve reliability and help avoid expensive...
Shoals Technology, shoals.com , is an AG and Cannabis play. They sell all hydroponics and lighting systems for indoor growing. I have a very small starter position to see where this will go and to keep it on my radar. Ideas, not investing / trading advice.
Surprisingly a name that went traditional IPO vs. SPAC, but still doesn't matter when viewed through the lens of liquidating speculative margin positions to raise cash. More room to the downside in SHLS, possibly until we hear progressives push Green New Deal forward will this sector get a bid. Sell off looking thoroughly cooked, will likely bounce around for a...
Shoals Technology, shoals.com , is an AG and Cannabis play. They sell all hydroponics and lighting systems for indoor growing. I have a very small starter position to see where this will go and to keep it on my radar. Ideas, not investing / trading advice.
IPO intraday trading strategy idea Shoals Technologies Group is a leading provider of electrical balance of system or “EBOS” solutions for solar energy projects in the United States. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a...