One of the few wind energy companies that has no loans. The down channel seems to stop.
If we see the consolidation around 11.50 to 12.50 this area shows a good spike in volume and breakout of its consolidation. With China's renewable energy push, Wind energy has been very quiet considering all other areas of renewable energy have been accelerating. Also since the launch of the Carbon Trading Exchange on Friday, this might be good enough a push to...
Goldwind, MACD Divergence and Strong Volume The MACD divergence on H1, incidicates a bottom has been identified, combined with a strong break fast previous resistance/support level. The price action shows strong bullish momentum. The trade has a reasonable Risk/Reward Ratio 2.5 to 1. I don't believe in luck, I believe in statistics. So Instead of saying Good...
Strong risk to reward ratio for the parallel trend. Industrials profits are recovering and take the opportunity to ride on the volatility.
Hi all, Solar has been getting all the media coverage but Wind is just as promising. Goldwind is far below its highs and has great potential to recover to its previous highs. Currently retesting the COVID resistance. Based on increased volume and higher lows, I anticipate a break of the resistance point but not immediately. My strategy is to enter from two...