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The solar space is breaking out from a massive symmetrical triangle on the weekly, as I illustrate on the ETF chart for the solar industry below, TAN. Many key solars, such as FSLR, have seen notable upticks in buying volume over the past few weeks, indicating accumulation by big money. For members of The PPT and 12631 subscribers, I made a custom PPT screen that makes searching for high probability long setups in the solar space extremely efficient and effective. Click here for that screen.
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Nice cup and handle on the 3 month chart of LDK – breaking out today.