I love this chart! The 50 day crossing above the 200 day moving average about a month ago. This is a huge positive indicator; is it not? Please chime in if your agree or disagree.
Overall I think we will see upside for TAN in the short-term. Perhaps a pullback next day or so could occur I suppose but are yall also seeing a further leg higher? Ive been struggling with this stock lately. Some of my other trades have been from awesome_stocks which are working out pretty well.
If we are to go off the RSI then you could argue that a pull back next day or so could occur on TAN before rallying up. have you guys heard of awesome.stocks. i started receiving their allerts and so far i am happy.
Is TAN undervalued? This sort of setup suggests potential upside... google awesome.stocks - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
Guggenheim_MAC Global Solar En NYSE $TAN Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.3 In other words, the correlation coefficient of the other stocks
I don't see any posts ref TSLA and SCTY merger. Any ideas if TAN will keep TSLA in this Solar ETF?
750 CHINA SINGYES SOLAR TECH 13,236,011 $5,579,451 2.49%
GLBL TERRAFORM GLOBAL INC - CL A 1,907,855 $4,769,638 2.13%
VSLR VIVINT SOLAR INC 1,542,141 $4,194,624 1.88%
HONG KONG DOLLAR 1,127 $145 0.00%
All data is provided by Guggenheim Funds Distributors, LLC. Data is subject to change on a daily basis and represents a percentage of the Fund’s holdings. The securities mentioned are provided for informational purposes only and should not be deemed as a recommendation to buy or sell.