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TAN, Solar Stocks Poised for a Pullback

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

TAN daily March 8th

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Mar 8, 2016 10:05am|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: |Comments Off on TAN, Solar Stocks Poised for a Pullback