On the daily timeframe we can see price is failed to break the previous daily swing high. On 4H, 1H time frame we also see this is an area of previous resistance. Pressure is still bearish to me, unless price breaks resistance, then trade is void and we adapt to buy, resistance now becomes support and we buy to next resistance.
Wouldn't be surprised to see this one take a big run downward here, perhaps not for long though. This is another pretty easy to trade dividend stock with a spectacular balance sheet. Predictably bounces at the key levels. If you can get it anywhere near $27 it won't let you down medium term, although renewables are out of favor and the chart looks quite bearish so...
CAFD, already sporting a 7.5% yield, just broke out of volatility consolidation to the downside. This is a very easy chart to trade, as the key levels are very obvious. You should be able to pick this guy up close to $12 a share with a nice 8% divy that has almost doubled in last two years. Balance sheet is good, i've checked myself. Aim to sell around $16 or just...