followsuit7

Solar ETF $TAN looks primed for a move higher.

Long
AMEX:TAN   Invesco Solar ETF
Solar stocks that make up the largest holding of Solar ETF TAN all appear to be bouncing off of a support level after a very long and tight consolidation. Could be ready for a larger move over the next few months, but expecting a bounce to at least the larger resistance zone at around $75 in the next week or two. Noticed large volume on July $72.50 calls and August $75 calls, and have been in August 18th $75 calls since the bounce at support around $70
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.