Who says you cannot make big returns on ETF's?
TAN
the Solar Sector ETF Is on fire. It looks like rotation back into the beaten-up sector. Names Like
FSLR
and
ENPH
up even more. Rather than take the risk on an individual name I have opened a ¼ sized position in this ETF. I will be looking to bring this up to a full-sized position on any consolidation.
This ETF has institutional accumulation volume going back over a month. It has regained all MAs except for the 40 Week MA in white. All shorter-term MA’s, including the 50 Day Moving Averages are turning up. My stop is set below yesterday’s low and the horizontal line of support / resistance.
Ideas not investing / trading advice. Comments always welcome. Thanks for looking.
TAN
the Solar Sector ETF Is on fire. It looks like rotation back into the beaten-up sector. Names Like
FSLR
and
ENPH
up even more. Rather than take the risk on an individual name I have opened a ¼ sized position in this ETF. I will be looking to bring this up to a full-sized position on any consolidation. This ETF has institutional accumulation volume going back over a month. It has regained all MAs except for the 40 Week MA in white. All shorter-term MA’s, including the 50 Day Moving Averages are turning up. My stop is set below yesterday’s low and the horizontal line of support / resistance.
Ideas not investing / trading advice. Comments always welcome. Thanks for looking.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.