The recent break below key support levels on the charts of key solar-related assets suggests that the sector could be poised for a pullback.
Renewable energy stocks moved lower after the Senate's tax proposal was released, but favorable revisions have led the sector to rebound.
First Solar stock is holding close to harmonic resistance in the low $60s despite recent bear raids, raising odds for a healthy breakout.
First Solar stock is up, while SunPower stock is down. Why?
Analyst suggest that the improved Series 6 is set to begin shipping sooner than expected.
First Solar stock broke out from its 50-day moving average toward the upper end of its price channel.
SunPower's weak third quarter guidance will likely test the resolve of newly minted solar bulls.
Bullish solar sector action may signal new uptrends that yield substantial gains in the second half of 2017.
With shares testing resistance near $40 for the past six weeks, the odds are now evenly divided between bulls and bears.
Bullish crossovers on the charts of key solar-related assets suggest the possible begginning of a major uptrend.