followsuit7
NYSE:TDOC has been showing positive divergence on both the RSI and MACD over the past year+, and if price can break above the resistance zone where it is now currently consolidating in, a larger move could be in play over the next month or more. Taking August calls.
Solar stocks that make up the largest holding of Solar ETF AMEX: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...
Looking for a pop early next week with prior resistance at 187ish turning to support. Eventual gap fill at 220 over next month or so. Also watching solar ETF AMEX:TAN for a breakout of large descending triangle, Canadian Solar had good news Friday and Sector has been oversold.