iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Huge Breakout Day For Solar Stocks

Take a look at the action in $TAN today, the ETF that tracks the solar stocks. Below you will find a weekly chart of the ETF springing higher off the 50 day moving average in textbook like fashion:

__

And, there’s a lot of room to run judging by the volume pocket overhead (see chart below):

__

From today’s runner screen, here are four long candidates within the solar industry that have potential to squeeze higher. I own the best of breed within the group, $FSLR:

If you enjoy the content at iBankCoin, please follow us on Twitter