TAN Still Worth WatchingI believe there is trading potential here. I have highlighted the approx entry and exit of the first trade. After that I am going to watch and see what happens. If it can break resistance than it does have room to run. However, it has rejected from this level four times; so I am going to play it short if it rejects again.
Happy trading,
Charles
TAN trade ideas
TAN Worth WatchingWell it is late and this probably isn't my clearest chart, but I think you'll get the point. Tan has responded well to patterns and support/resistance lines, so I am watching to see if the signs of a pullback play out. If it loses support then it should have room to move to the downside. There may be a few good plays that develop from this, but if it becomes unpredictable I am moving on.
Solar ReversalBuying 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