TAN is an Invesco Solar ETF. Recently sold off probably from the JKS wave. Looks like it's reversing: morning star and dragon fly doji on the 1D. Holding orange support fairly well.
Optimal Entry A hold of the support would be good. Don't enter any more than 73 PT 77.5 SL orange support Contracts :pencil: From riskiest to the least 11/6 75c 11/6 70/71c bull spread (no more than 0.5) 11/6 71/72p bull spread (no more less than -0.5) 11/13 69/73c bull spread (no more than 2) 11/20 70/75c bull spread
If this opens red don't enter that would be a terrible play. Close it when you see a decent profit because solar might have a bigger pull back.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.