ENPHase W-pattern may reach 328 for wave 5 if 200 holdsENPH is the strongest component of the TAN solar ETF. Just like the biotech sector, it has started to gain ground after a long hammer candle at the week of May 9,2022. Since then it bounced with 4 consecutive green weekly candles from 165, the middle of a big trading range since 2021 (110-210).
BULLISH CASE: ENPH is now at 210 the top of the range. It may retrace back down & retest the 165 midpoint or the VWAPs before a rally to again BO the 200 to 210 red zone with 328 as the destination of its wave V. This assumes that wave IV is a running flat & the 5-wave wave V is underway. It is now at the wave 3 of a bigger wave V.
BEARISH CASE got hammered when ENPH bounce above all my VWAPs & is now attempting to breakout the 200-210 red zone.
Not trading advice
Cleanenergy
$USWS - A Cleaner Way To FrackAnother oil play. With a slightly greener way to frack in the spotlight.
U.S. Well Services, LLC, provides high-pressure, hydraulic fracturing services in unconventional oil and natural gas basins. Both our conventional (diesel) and Clean Fleet® (electric) hydraulic fracturing fleets are among the most reliable and highest performing fleets in the industry, with the capability to meet the most demanding pressure and pump rate requirements in the industry.
Considering the Russin oil embargo, this company should receive positive gains from companies needing equipment to frack heading forward. They also have a cleaner model that may be attractive to drillers.
The company cut a new deal as recently as a week ago. "Olympus Energy, U.S. Well Services finalize electric frac contract"
"“At Olympus, we actively seek out opportunities for improvement. The commitment to USWS’s Clean Fleet technology is a prime example of the team’s continuous efforts to reduce our environmental footprint, increase operational efficiency, and lessen any potential short-term impacts for the communities where we operate,” Mike Wahl, Olympus senior vice president and COO, said. “We’re proud to announce this partnership with USWS and to leverage their leading technology into our 2022 development program.”
The fact that USWS has moved toward a cleaner model will be attractive to investors in these drilling and fracking companies.
channel breakout and strong support I had already created a setup for First Solar on 29.11.2021. This was stopped out with a loss of approx. 7%.
Now a new buying opportunity arises through chart analysis.
On February 14, the price formed an Inverted hammer (not perfect), which often appears at the end of a downtrend.
Yesterday's price formed a Hammercandle which could indicate rising prices.
First Solar is just about to leave a downtrend channel. Breakouts from such long channels (over 100 days) or ranges can result in very strong price movements.
The share has formed strong support at $68.
Therefore, there is much to be said for a rise in the price, and good risk management is also given, as the stop loss (SL) can be set below the support zone at approx.63 $.
However, I usually only set the stop loss in my mind. For me, the closing price in daily is decisive. If this closing price is below this zone, I close the trading position manually. It often happens, that the price triggers the SL intraday, only to rise again afterward. This is avoided in this way.
The price has potential up to $91 (take profit 1) or even up to $109 (take profit 2). This corresponds to a ratio of 2 (TP 1) and 3.9 (TP 2). The loss would only amount to approx. 13%. The profit, however, would be 27% or 50%. Therefore, I see a good buying opportunity.
What do you think?
I am very grateful for feedback :)
Deutsch
Am 29.11.2021 hatte ich bereits ein Setup für First Solar erstellt. Dieser wurde ausgestoppt mit ca. 7 % Verlust.
Nun ergibt sich eine neue Kaufgelegenheit durch Chartanalyse.
Am 14. Februar bildete der Kurs einen Inverted Hammer (nicht perfekt), der oft am Ende eines Abwärtstrends auftaucht.
Der gestrige Kurs bildete eine Hammercandle, welcher steigende Kurse anzeigen könnte.
First Solar ist gerade dabei einen Abwärtstrendkanal zu verlassen. Ausbrüche aus solchen langen Kanälen (über 100 Tage) oder Ranges können sehr starke Kursbewegungen zur Folge haben.
Die Aktie hat bei 68 $ einen starken Support gebildet.
Daher spricht viel für einen Anstieg des Kurses und ein gutes Risikomanagement ist ebenfalls gegeben, da der Stopp Loss (SL) unter die Supportzone bei ca. 63 $ gesetzt werden kann. Den Stop Loss setze ich jedoch meistens nur im Gedächtnis. Für mich ist der Schlusskurs im Daily ausschlaggebend. Ist dieser Schlusskurs unter dieser Zone, schließe ich den Trade manuell. Es kommt oft vor, dass der Kurs innerhalb des Tages den SL triggert, um danach wieder zu steigen. Dies wird so vermieden.
Der Kurs hat Potenzial bis 91 $ (Gewinnmitnahme 1), bzw. sogar bis 109 $ (Gewinnmitnahme 2).
Dies entspricht einer Ratio von 2 (TP 1) bzw. 3.9 (TP 2). Der Verlust würde nur ca. 13 % betragen. Der Gewinn jedoch bei 27 % bzw. 50 %. Daher ergibt sich für mich eine gute Kaufgelegenheit.
Was denkst du?
Für Feedback bin ich sehr dankbar :)
GE Retirement PlanPost-correction GE could retest the median on its current declining fork, fundamentally they are a company that makes things, real things that the world needs right now, and in the future.
This is an extremely long term chart with little near term trading implication, but if we see a bullish pull from that median I wouldn't hesitate to invest in diverse large industrials like this.
BRQS 5G Automobile and EV Smart Cockpit Market playBorqs Technologies is a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy with operations in the United States, India and China.
Borqs Technologies has entered into a five year Strategic Cooperation Agreement with Cheyin Intelligent Technologies, an intelligent vehicle solutions provider for automobile OEMs, to develop manufacturing of In-Vehicle-Infotainment systems, intelligent cockpit systems and intelligent assisted driving systems.
Depending on the development, this stock can go to $1.9 i think.
ACDC is fully Charged and ready to explodeWe are seeing a big move to the clean energy worldwide again and a hype in the EV industry and everything related to it , we had this hype a year ago , now is the time to get into those hammered tickers and wait for them to explode again .
ACDC is confirmed to supply Daymak with the batteries that they are going to use for their EVs, ACDC is also working to manufacture many products for the clean energy. TradeSafe
Trade active @ 0.19 and looking to add the dip at 0.185 and adding big if it breaks above 0.21 or goes down to 0.175
ICLN - Clean Energy ETF - sector analysis, long setupICLN is setting up well on the monthly charts.
Points for consideration:
1. Price above 20 Day, 20 week and 5 month MA. This should act as a nice support zone
2. 200 Day Moving Average right above us that could act as potential resistance.
3. RSI is crucial zones and positive structure
4. Break above 200 Day MA will be seen as very bullish on daily/weekly close basis
Other ETFs in the same Clean Energy space are as below
1. PBW, TAN, CNRG, ACES, PBD,ICLN, QCLN, SMOG, FAN, NLR, GRID
2. Except NLR and GRID, all the others are below their 200 Day MA.
3. All the above ETFs have shown recent strength and above their 9 day and 20 Day MAs
From a sector ETF Relative Ranking Perspective, these are my current Rankings on relative strength basis (as on 15th Oct 2021 business close basis) and this is dynamic with price changes
ETF Name Ticker Strength Score Rank
iShares Global Clean Energy ETF ICLN 60.00% 5
Invesco WilderHill Clean Energy ETF PBW 20.00% 8
Invesco Solar ETF TAN 100.00% 1
SPDR S&P Kensho Clean Power ETF CNRG 90.00% 2
ALPS Clean Energy ETF ACES 80.00% 3
Invesco Global Clean Energy ETF PBD 30.00% 7
First Trust NQClean Edge Green Energy Idx Fd ETF QCLN 70.00% 4
VanEck Low Carbon Energy ETF SMOG 40.00% 6
First Trust NQ Clean Edge Smart Grid Infra Idx ETF GRID 10.00% 10
First Trust Global Wind Energy ETF FAN 20.00% 8
Will be preparing my views on the top 5 ETFs in this space based on the above relative strengths and will link them for your views and observations
Stocks to look for currently in this sector are as follows
1. RUN
2. JKS
3. PLUG
4. BWEN
5. SEDG
6. ENPH
7.TPIC
8. FSLR
9. FCEL
10. EVA
11. REX
12. AY
13. ORA
14. TPIC
15. EVA
16. CVA
AQN is currently showing a potential for downward break below its 52 week low, while TPIC, EVA and CVA are very close to their 52 week high
Interesting sector, has been all around the place so far.
ETF Picks For The Next 5 YearsI don't post about stocks or ETF's very often. I got into investing via crypto - and my intention wasn't necessarily to make money either. I had lost faith in the current model of our banking system, and became inspired by what I saw as an alternative. That alternative also ended up being a good financial decision. Ironically (I say this because most investors and traders own a smaller percentage in crypto), my stocks only make up around 2-3% of my portfolio.
There are two reasons I've begun investing a little into the stock market (mostly via ETF's) since I pulled my inital risk from crypto:
1) I'm testing to see if my strategy for crypto (buying into fear, dollar-cost-avergaing, and being extremely patient) will work with regard to the stock market, and perhaps benefit me financially.
2) I genuinely support the marijuana industry and the clean energy industry. Yes, nuclear is considered to be "clean" energy. I picked nuclear because it's flying under the radar, at least in terms of what's "hot" right now.
Looking at the weed industry
Weed is currently a $60 Billion industry. That's actually larger than Tobacco. So, is it still undervalued? I think yes, since tobacco has significantly fewer uses. But let's look at something that's more widespread AND less healthy: Alcohol. The global alcohol industry is worth around $1.4 TRILLION. With that in mind, I think it's fair to assume weed can eventually become at least half as big. It won't be consumed in such large quantities, but I think the uses and applications for it will be quite widespread. What does this mean? It means the value of the Weed sector can grow at least 10x, and it can happen over the next decade. The $170 target is shown on the chart. However, MJ is not in a bull market yet. Despite this, I have been adding slowly. My trendlines show that this could be a decent place to buy. Horizontal supports are also outlined.
Looking at Nuclear
The safety of nuclear power facilities has dramatically increased. Interestingly, URA had been in a severe slump since the Fukushima incident. URA ultimately found a bottom, and is now in a bullish trend, with a golden cross on the weekly. I'm targeting all-time highs. The first big pullback is underway, after the recent incident at the Chinese nuclear facility. My first entry was near $15, but I am slowly buying dips. I also added a small URNM position, which comprises companies that hold physical Uranium. It may perform slightly better.
Of course, I may be wrong. This is why I'm buying slowly and cautiously, rather than piling in all at once. That seems to work with the slow-moving stock market.
I also have invested a little into some other clean energy sectors: solar, hydro, and wind.
Let's see what happens! Certainly not much fervor surrounding these ETF's at the moment, but it's always best to prepare, rather than react emotionally. Definitely learned that from crypto.
This is not financial advice. This is for my personal record, speculation, and entertainment only.
-Victor Cobra
Metals/Energy - MGAModel Forecast for Mega Uranium Ltd.:
- Model has produced a Line of Least Resistance.
- Mega Uranium Ltd. is a uranium mining and development company which explores for prospective properties primarily in Australia and Canada.
- This is a second wave "junior" that has been in existence since 1990 with a promising balance sheet.
- We believe that a macro turn is upon us and we are extremely bullish on uranium, renewable, and nuclear energy. There is a non-trivial probability that uranium juniors will yield the greatest gains out of all stocks in this full cycle.
- With a shift toward renewable energy solutions, we expect a global interest toward nuclear energy, causing a boom in the sector.
- With the level of stimulus projected by 2030, and the global direction until 2050, we expect necessary funds to be raised capital expenditures in the sector to be spent aggressively, with the backing of national interests.
- Should the company acquire a mining project, the stock will yield outsized gains.
- Price is technically breaking out of a Cup & Handle, and is likely to test the top of a channel established since the 2010's.
"For the juniors, there are three possible fates:
1. Most common is a failure, which leaves a hole in everyone's pocket, including that of the banks and investors.
2. The second fate occurs when a junior has enough success to justify a major paying a decent premium to gobble it up, leading to decent returns all around.
3. In the third and most rare fate, a junior finds a large deposit of a mineral that the market wants a lot of – it is a magical combination of the right deposit at the right time. When this happens, juniors can return more in a few days than a major will return in years." - Investopedia
- Interestingly, the company sold its assets in Canada to NexGen Energy (NXN.V) for a 40%~ equity interest in NexGen.
- We believe that a time is approaching such that companies in all sectors, especially in the mining sector to relentlessly undergo mergers & acquisitions, in a race to become "Too Big To Fail" and obtain the blessing of government subsidization.
- MGA may be giving signals for a potential M&A with NexGen, and in such case, investors will benefit greatly, as NexGen is also a very appealing company.
- In the case that MGA finds a new deposit, investors will again benefit. Investors must simply be patient, as global interest will sustain promising juniors until they succeed during a boom.
- We speculate that the lumber squeeze that is currently occurring is only a small teaser for the supply squeeze in energy commodities to come.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
ALYI struggling to break 0.025ALYI announced that in addition to the expected revenue from ALYI's previously announced EV motorcycle business in Kenya, ALYI expects to begin converting its waiting list for Retro Revolt Electric Motorcycles into orders before the end of the year.ALYI, announced ongoing merger and acquisition developments anticipated to soon result in two acquisitions intended to bolster the company’s Electric Vehicle (EV) Ecosystem in Africa. On Friday ALYI also announced The company recently acquired a stock interest in self-drive rental vehicle company, and the two additional anticipated acquisitions are similarly expected to complement ALYI’s expanding EV Ecosystem Strategy. Im still a holder of ALYI in fact ive added to my position over the past two weeks. If you are considering investing In ALYI i really recommend taking a long term view given this company is still a ways away from mass production.
American Battery Metal | Possible Long for Good %'sI've been toying with this one a bit. Good sector (clean energy . . if you believe in that sorta thing), improving earnings (still not great) but the technicals show an uptrend, 50 and 200 EMA's in play with clean Fibs and some harmonic action potential. I've dropped my entry and exit points (Not Investment Advice) but DYOR for what could be a juicy % within a relatively short time frame. Good luck!
Triangle Breakout & Earnings PlayHave been watching NEE for quite some time now as it has earnings coming up on 7/23', personally am bullish-
- Symmetrical triangle
- Bollinger Bands squeezing
- EMAs curling (not pictured)
- Spike in buyer volume EOD on Friday
- UOA- Unusual Options Activity (Bullish Sweep, January 2023' $100 strike)
PT1- $79.15
PT2- $80.25
PT3- $81.50+
Bullish- Long Play- IEA has been consolidating in this triangle for quite some time now. Undoubtably a long-term play, has held its support and looks to have found a bottom, with volume should really pop
- Hidden bullish divergence on the RSI
- Bollinger Bands squeezing indicating a big move
- Buyer volume starting to pick up again
- Held support at the $11.28 level, has resistance circa $13.59 and $15.51
PT1- $13.65
PT2- $14.80
PT3- $15.75
Clean Energy Fuels CLNECLNE is still above the Bullish trendline and I see no reason to believe it breaks it and heads lower at this time. Here we see a potential slight Falling Wedge it has formed after reaching its peak in February.
We should see a nice pullback to the top of the wedge where it will find resistance. From there we will just have to see where the markets are at that moment in time.
At this point, it looks like it could be a good setup. I don't expect it to go under 6.50 and if it does get there, I suspect that is a great buying opportunity. It's important to see how it reacts to this triangle.
As requested, my view about CLNE! 👍As my follower @shermaine2000 requested, I’ll analyze CLNE today!
There’s a possible V-shape recovery on progress here, target at 10.97. The RSI was oversold, and this favors our idea here. What’s more, it just hit the support at 10.50.
But there’re two problems: The 20ma and the 10.68. Both points can make the price struggle, and this would ruin the V-shape thesis, if we close under these ponts today.
CLNE must quickly break these resistances, or it’ll just hit the next support, at 10.21.
The chances are that we’ll see a bullish run next, the question is: When? The RSI was oversold in the 30min, but in the daily chart it is just ok.
The 10.21 is a bottom for CLNE, and the 20ma is close to this support too. I would say that CLNE is more bullish than bearish, and I’ll set at target at 14. The challenge is in the resistances in the 30min, that could make it move erratically in the next few days.
This is my honest view about it. I hope it helps!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.