TAN along with the solar sector starting to catch my eye here- Holding a big symmetrical triangle with a falling wedge at the end (See Attached Chart Below). Undoubtably a longer-term play, however, solar's price action tends to be quite cyclical so will certainly be looking for a breakout from this triangle and wedge (broader market conditions permitting)- Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on in the meantime- Bullish
- Symmetrical Triangle
- Bullish Hidden Divergence on the RSI
- Bollinger bands squeezing on the hourly timeframe (See Attached Chart Below)
- MACD Golden Cross & bullish divergence on the RSI on the hourly timeframe (See Attached Chart Below)
- Falling wedge on the daily, 4-hour, and hourly timeframes (See Attached Charts Below)
PT1- $83.93
PT2- $84.87
PT3- $85.17
PT4- $86.15
--Hourly--
https://www.tradingview.com/i/zBCdqn4W/
--4-Hour--
https://www.tradingview.com/i/4qlENHc3/
--Daily--
https://www.tradingview.com/i/j87Ubwph/
--Previously Charted--
https://www.tradingview.com/i/19irK1O2
- Symmetrical Triangle
- Bullish Hidden Divergence on the RSI
- Bollinger bands squeezing on the hourly timeframe (See Attached Chart Below)
- MACD Golden Cross & bullish divergence on the RSI on the hourly timeframe (See Attached Chart Below)
- Falling wedge on the daily, 4-hour, and hourly timeframes (See Attached Charts Below)
PT1- $83.93
PT2- $84.87
PT3- $85.17
PT4- $86.15
--Hourly--
https://www.tradingview.com/i/zBCdqn4W/
--4-Hour--
https://www.tradingview.com/i/4qlENHc3/
--Daily--
https://www.tradingview.com/i/j87Ubwph/
--Previously Charted--
https://www.tradingview.com/i/19irK1O2
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.