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Solar Stocks Start Shining

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Solar stocks are starting to shine after a year in the unloved corned of the market. First Solar is the industry leader and a Don't Ignore This Chart article was published on it in June.

There are some others in the group starting to perform as well. Sunpower (SPWR) is just breaking out of a nice base now.


Canadian Solar (CSIQ) is moving as well.

Jinkosolar (JKS) is breaking out to new 52 week highs this week.

There are some new stocks shimmering after dominant leadership by Technology. You might want to look at some of these Solar stocks if you are looking to diversify.


I recorded a new Commodities Countdown article on July 13th. Commodities Countdown recording 2017-07-15. The most recent Canadian Technician Video Recording 2017-07-11 can be found by clicking here. Tom Bowley and Greg Schnell recorded the July Market Outlook 2017-07-08 and can be viewed by clicking here.

Good trading,
Greg Schnell, CMT, MFTA.

 

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Greg Schnell
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com specializing in intermarket and commodities analysis. Based in Calgary, he is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is also the author of Stock Charts for Dummies (Wiley, 2018). Learn More
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