Invesco Solar ETFКороткая
TAN: Huge top
I think we are seeing a massive top in many stocks, solar looks specially vulnerable and it's one of the sectors I'm short of.
If it doesn't break over today's high going forward chances are it is dropping all the way back down...We would need a Biden victory, or a tax law change for this to come to pass though (oil dropping would also help, or subsidies going away).
Oil itself flashed a long term short signal this week, so I like this idea a lot here.
Best of luck,
Ivan Labrie.
If it doesn't break over today's high going forward chances are it is dropping all the way back down...We would need a Biden victory, or a tax law change for this to come to pass though (oil dropping would also help, or subsidies going away).
Oil itself flashed a long term short signal this week, so I like this idea a lot here.
Best of luck,
Ivan Labrie.
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