TAN - Getting Ready for next Big Breakout
TAN Solar ETF has been on upside momentum for a while. You could clearly see it had a channel breakout first, and then breakout the strong resistance line and now consolidating side ways for last 1 week or more, testing the next resistance levels. Weekly charts also shows that the buying demand is high and bulls are in control. Getting ready for next breakout. Targets 107.25, 113.20, 125.05, ATH. Can't give exact timelines, as markets are floating with light volumes getting into Holiday Season.
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