This video covers all of the solar stock trade ideas that I've been highlighting since early April, most of which have mounted gains in the high double-digits to triple digits. Updates on those trade as well as some additional trade ideas along with my near-term & longer-term outlook for the solar sector.
This will be the first of several videos covering some of the sectors, industries and commodities that appear to be setting up for objective trading or investing opportunities. This video starts with an overview of XLE (Energy Sector ETF) followed by the outlook for XOP (Oil & Gas Exploration ETF), OIL (Crude Oil ETN), USO (United Stated Oil Fund LP) and concludes with detail coverage of the solar sector, inducing TAN (solar ETN) and updates on all of the solar stocks that were first highlighted as setting up for what could be "potential explosive rallies" the April 4th Solar Stock Trade [...]
This video highlights long-side trade setups on individual solar stocks as well as TAN (solar ETF) with buy points & price targets. Included are the most of solar stock trade ideas highlighted back on in this post from April 4th as well as this follow-up post on May 25th. For those wishing to skip ahead to a particular trade idea, the following stocks are covered in this order: SEDG, SPWR, CSIQ, HQCL, FSLR, VSLR, GLBL, JKS, RUN, TERP, VNP.TO, JASO, YGE, TAN (etf), ASTI & BSRC.
As a follow-up to the Solar Stock Trade Setups post from April 4th, the majority of those trade ideas have exhibited very bullish price action, which I'll update below along with some additional long-side trade setups in the solar sector. SPWR (SunPower Corp) has rallied over 41% since posted as an aggressive long trade idea here at the bottom of the wedge just 7 weeks ago & still looks good up to at least T2 & possible T3. Trading around 1/10th of 1 cent, ASTI (Ascent Solar Technologies) is the most aggressive/speculative of all the solar trade setups that [...]
I've been monitoring the solar sector in recent weeks as there are quite a few stocks that appears to be setting up for what could be potentially explosive rallies following a vicious bear market in many of these stocks. Early this morning in the trading room, I mentioned a couple of solar stocks that I've taken starter positions today including YGE & FSLR. Although these are not official trade ideas at this time, several of the solar stocks are under consideration for long side Swing Trade ideas as well as potential Long-term Trade ideas. Official trade ideas, particularly the longs, have [...]
This video covers the charts of about half the stocks currently on my watch-list as potential long and short trading opportunities. The video begins very brief overview of the broad market as well as the breakout above the triangle pattern that was highlighted yesterday on the USO 60-minute chart. Following the USO commentary, the following trade ideas are discussed in this order: COP, SEDG, CSIQ, LL, BAS, PIR, TSRO, ELLI, CNAB, AXAS, ACPW, ASPS, PLCE, MNKD, BITA, YELP,CVSI, SHOS, SMH, BBW & ALDR https://youtu.be/8wIIaPK9xjc There were some issues with loading the charts during the video which turns out was due to [...]
CSIQ triggered a short entry on the recent break below this bearish rising wedge pattern & is current backtesting the uptrend line from below, now with potentially strong negative divergences forming. Although a stop level for this trade was not previously suggested, CSIQ will be considered stopped out due to the large move higher since entry but may soon offer another objective short entry if prices begin to turn down soon. For anyone still short who might have entered CSIQ on the initial breakdown or on the first backtest of the pattern around 31.50 on Dec 20th or higher, consider a [...]