TAN Reversal Play

TAN LONG

TAN is an Invesco Solar ETF. Recently sold off probably from the JKS wave. Looks like it's reversing: morning star and dragon fly doji on the 1D. Holding orange support fairly well.

Optimal Entry
A hold of the support would be good. Don't enter any more than 73
PT 77.5
SL orange support
Contracts :pencil:
From riskiest to the least
11/6 75c
11/6 70/71c bull spread (no more than 0.5)
11/6 71/72p bull spread (no more less than -0.5)
11/13 69/73c bull spread (no more than 2)
11/20 70/75c bull spread

If this opens red don't enter that would be a terrible play. Close it when you see a decent profit because solar might have a bigger pull back.
Chart PatternsTechnical IndicatorsTrend Analysis

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