SOL, THE POWER OF THE SUN WITHIN MY HANDDid I get the spiderman line right? It must be close to that.
idk.
Either way, a neat trend setup on SOL to share.
A drop to 83 can spike to 115.
This is per technicals.
I would say there is a greater than 50% chance we see a move to the upside soon on this trend break, and then a big retracement down to the mega trend, but again, it doesn't have to go anything like that.
Either way, expect support at mega trend or just below mega trend, which is a great buy zone. Expect a move to the upside on the breakout of the smaller trend.
Resistance comes in around 115. It doesn't have to get to 83 before it goes up, it can break trend before. However, it can also go down lower before the breakout, watch the trend.
Good luck
Quick chart as I'm trying to get more earnings charts done for the week.
