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TAN - On An Island In The Sun: A Look At Solar (Video)
Invesco Solar
We have been following the bullish patterns in First Solar (FSLR) and the Guggenheim Solar ETF (TAN) since the lows in 2017 but especially off the 2018 lows. They have what we call "nested" setups. That is where several Fractal degree of Elliott Wave initiation patterns are stacked together and ready to break out into the "heart" of the larger moves. In the video below we take a close look at TAN and many of the individual solar names. We also checked in with our resident fundamental expert for her take