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.
Even my most bullish scenario for TAN (solar ETF) has very limited upside (25.40ish R) in the solar stocks before a tradeable pullback to at least the 22.70ish support level. My pullback scenario has the potential to form a nice IHS bottoming pattern. note: TAN is only an unofficial short trade idea at this time. TAN daily March 8th
The following trade ideas have been removed from the Active Short Trades categories as they have either exceeded their previous suggested stops (or any reasonable stop, if none suggested) or the stock simply no longer looks to offer an attractive R/R at this time. Some of these trades may have already hit one or more profit targets while others did not. Most trade ideas on RSOTC are immediately removed from the Active Trades category upon reaching the final profit [...]
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.
The TAN (Guggenheim Solar ETF) short setup has triggered an entry on a break below the uptrend line. Updated 2 year daily chart shown here. Click here to reference the previous notes, including a live link to the 4 year daily chart of TAN.