Solar Edge stays on my buy list, but Enphase keeps a direct correlation to SEDG with similar P/E ratios, but at the quarter of the cost. Further correlation with the TAN of course, but if you want to track the two inverter companies, you can do so with TAN and at least get dividends :)
EQX Found that this stock is on a decent run and has recently hit it's high. Looking at the MA's, this stock is riding the 5 with the 5/20 expanding (bullish). Supported by the MACD still rising and the RSI just short of overbought, but within the threshold. EQX is one of the better in the mining sector, but I've added AU as a close second as far as value. You...
I haven't purchased this stock yet because my portfolio already has a few energy stocks in it, but this is a high performer in its sector and will reconsidering overloading in that sector, keep for long-term. Portfolio management, right? The price is a good opportunity as it's undervalued.
Couple things to note on the chart:
- there's a gap to fill and the...
There are two points of support (upward channel and horizontal support) that will be tested against MACD trend downward. Good undervalued stock and performing well in its sector. This will be one of my long-term plays. Aiming to enter at 15.30, stops at 13.95-14.00
Here's a look at LUV's gap that will be filled. MACD supporting the downward movement. Testing current support. For those playing 4th of July, this might be a good opportunity to scoop up the potential gap-fill (which may equate to the lower Bollinger band test). Noting "short" for short-term (1-3 days) but I'm long on the Bollinger rules.