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 [...]
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 [...]
This video cover the following components of TAN (Guggenheim Solar ETF) in the following order: TAN, GTAT, CSIQ, HSOL, JASO, YGE, SOL, FSLR, TSL, JKS, SCTY, & SPWR.
CSIQ (Canadian Solar Inc) will trigger a short entry on a break below this rising wedge pattern. T2 is the current final & preferred target although this trade could be extended to T3 at 10.85, depending on how the charts of CSIQ, TAN (solar sector etf) and the broad markets develop going forward. I also [...]