$DBE brajkout and retest (4/5)Conviction: 4/5
potentially better entry lower around 14.25
General Thesis
breakout and retest of off long-term (2008) downward channel resistance
weekly RSI did not touch oversold, but seems to hold at historical turning point
Growth
N/A
Value
N/A
Fundamentals & Balance Sheet
low investment in energy production
unlikely to have high energy production in the future from "green" initiatives
inflation?
Potential Risks
could hug trend line down further, especially if following elliott wave (5 waves already completed)
