Solar ETF broke out out of its downward channel signaling a possible bullish reversal. 20EMA is current support. I find the CCI 100+ hit after a 100- hit can be a successful reversal signal as well. Look for individual solar plays as well: $SPWR $SUNE $FSLR $SCTY $CSIQ $JKS $TSL $YGE.
Caution: Watch out for bearish raid in the markets from IRAQ news. Oil prices should not affect this sector however.
Correction: Breaking 20 day ema (not 200)
Caution: Watch out for bearish raid in the markets from IRAQ news. Oil prices should not affect this sector however.
Correction: Breaking 20 day ema (not 200)