Coming off of a .618 retracement - looking for some good upside
This one came on my radar over the weekend. After some healthy corrections in the clean energy sector, there are a few stocks that looks poised for a rebound.
Doing some basic Fibonacci retracement and extensions analysis says that this could reach ~21. Buying in @ ~6.50 I'll probably look to take some profits @ 17 and then hold on until 21.
Doing some basic Fibonacci retracement and extensions analysis says that this could reach ~21. Buying in @ ~6.50 I'll probably look to take some profits @ 17 and then hold on until 21.
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!
Good luck and I'm always interested in what you think.
Good luck and I'm always interested in what you think.
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