sun setting for solar?
We believe in Solar energy as a long term approach and long term investment. There is no doubt in our minds that Solar Energy is here to stay and the push for cleaner energy will climb. The technology is becoming less expensive, more reliable, and more efficient. $TSLA just released a high efficiency home battery, Canadian is also working on a model of their own.
But what to do is you are just looking for a quickie. Well, then take a look at the daily. The stock has been in a complete collapse since their Investor's meeting early May. And today it has shown some resistance to cross down the 200 MA. A few weeks ago, mentioning the stock would go that far would have earned you a black eye or a good laugh (not by us lol). So, without really anything negative surrounding this drop, it wouldn't be crazy to add here, or place a bet here.
But here is why we would wait a day or so to make any movement. The 50 MA is about o cross under the 100 MA... YES, the Kiss of Death... Death Cross, or whatever you want to call it :P
So before you place any bet, unless you have them of steel or brass, give it a day to decide if in fact it wants to change gears and head back to sunny skies. :P IN this market, it is best to lock in the gains and remain skeptic and be patient.
But what to do is you are just looking for a quickie. Well, then take a look at the daily. The stock has been in a complete collapse since their Investor's meeting early May. And today it has shown some resistance to cross down the 200 MA. A few weeks ago, mentioning the stock would go that far would have earned you a black eye or a good laugh (not by us lol). So, without really anything negative surrounding this drop, it wouldn't be crazy to add here, or place a bet here.
But here is why we would wait a day or so to make any movement. The 50 MA is about o cross under the 100 MA... YES, the Kiss of Death... Death Cross, or whatever you want to call it :P
So before you place any bet, unless you have them of steel or brass, give it a day to decide if in fact it wants to change gears and head back to sunny skies. :P IN this market, it is best to lock in the gains and remain skeptic and be patient.