koryu

Solar Reversal

Long
koryu Updated   
AMEX:TAN   Invesco Solar ETF
12
Buying in SolarETF TAN for rebound/reversal in Solar Stocks.

I am fundamentally bullish on solar, middle east is going big in Solar, I also like the idea of decentralized energy, thats the future!

Prices are cheap, there is still some resistance near 19$, so starting with small position
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SPWR
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FSLR
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SEDG
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Solar potential pitchfork on daily chart detected
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this throwback was a bit pain but its still in the pitchfork and according to plan. careful on drop below 17.60
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First breakout was to early but I see it drawing a giant W on the monthly and a small W bottom on the weekly.

Nevertheless it's highly speculative.

Support 16$ and 13$
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i keep accumulating this ETF. Looking for golden cross.
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moving more money in this market
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Momentum is increasing
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long term target for wave 3 (should be larger than wave 1) so target $70+
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Trade closed manually:
reached the longterm target

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