Oil falls back below $60/brl, but the bulls are fighting hard to retain that level. The solar industry, however, is trying to make a move here as a few key names are breaking higher this morning. From our momentum screen inside Exodus, $SPWR is on top of the list. $TERP also made our screens this morning, and has a daily chart ripe for a continued move higher. How about best of breed, $FSLR? It looks to be marching back to recent highs. Here’s a look at the charts below:
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Other than energy and solar, here are a few other tickers worth watching today: TXG, HUYA, & FVRR. You can view today’s full momentum screen, in its entirety, HERE.
Good luck trading all.
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The only oil bulls are amateurs that trade oil thinking that they can beat a vertically integrated organization employing hundreds of desks in Houston and Dallas.
Leave the trading to folks in the know.