HASI: Strong Uptrend Continues, Multiple Buy Signals
HASI-Hannon Armstrong Sustainable Infrastructure Capital, Inc. provides debt and equity financing to the energy efficiency and renewable energy markets. The Company originates its transactions primarily through programmatic finance relationships with global energy service companies. It also originates transactions with renewable energy manufacturers, developers and operators, and other companies, which own and operate renewable energy projects, including various utility companies of the United States.
HASI-is in a strong uptrend. It has issued multiple buy signals via fractals.
A buy fractal (green arrow) is a series of five consecutive bars where the highest high is preceded by two lower
highs and is followed by two lower highs.
The fractal is important. It is the first dimension of your trade.
If the Alligator is not asleep, the market is either up-trending or down-trending:
• if the price is above the Alligator's mouth then it's an uptrend;
• if the price is below the Alligator's mouth then it's a downtrend.
The Alligator also helps to determine the character of the Elliot waves:
• if the price is outside the Alligator's mouth the wave is impulsive;
• if the price is inside the Alligator's mouth the wave is corrective.
Why trade the alligator ?
The Alligator acts like a compass which keeps your trading in the right
direction. The Alligator helps you spot a real trend and stay out of range-bound trading.
If all three lines of the alligator (jaws, lips, teeth) are intertwined, the Alligator is asleep and the market is range-bound. The longer it sleeps, the hungrier it gets. When it wakes up from a long sleep it chases the price much farther, therefore price movements are usually much stronger. When the Alligator is asleep, stay alert. Once the Alligator wakes up, it opens its mouth (jaws, lips, teeth) and starts hunting. Having eaten enough, it goes to sleep again (jaws, lips, teeth) converge, so it's time to take profits.
Other technical strengths:
The lower indicator above the chart is the phase energy, and this turned positive months ago.
The gray indicator above this is the Coppock Curve, and this remained above its zero line.
The Ichimoku Cloud is rising. Also note the Cloud's black conversion line. This has been a reliable support point.
The 89 day moving average is rising. The Ichimoku Cloud has a green border. This indicates a stronger trend.
So, my advice to to stay long-HASI.
One final tip no matter what techniques you use......
Remember, rewards from trading and investing are determined by human psychology. Trading is a psychological challenge, the way of self-realization and self-knowledge, so the best way to become successful is to find your trading self, to get to know it better and to follow it no matter what.
Thus, there are two significant aspects: your own self-knowledge and your understanding of the market structure.
Let others panic. You stay cool.
Good luck to you in all your trades. Don.
HASI-is in a strong uptrend. It has issued multiple buy signals via fractals.
A buy fractal (green arrow) is a series of five consecutive bars where the highest high is preceded by two lower
highs and is followed by two lower highs.
The fractal is important. It is the first dimension of your trade.
If the Alligator is not asleep, the market is either up-trending or down-trending:
• if the price is above the Alligator's mouth then it's an uptrend;
• if the price is below the Alligator's mouth then it's a downtrend.
The Alligator also helps to determine the character of the Elliot waves:
• if the price is outside the Alligator's mouth the wave is impulsive;
• if the price is inside the Alligator's mouth the wave is corrective.
Why trade the alligator ?
The Alligator acts like a compass which keeps your trading in the right
direction. The Alligator helps you spot a real trend and stay out of range-bound trading.
If all three lines of the alligator (jaws, lips, teeth) are intertwined, the Alligator is asleep and the market is range-bound. The longer it sleeps, the hungrier it gets. When it wakes up from a long sleep it chases the price much farther, therefore price movements are usually much stronger. When the Alligator is asleep, stay alert. Once the Alligator wakes up, it opens its mouth (jaws, lips, teeth) and starts hunting. Having eaten enough, it goes to sleep again (jaws, lips, teeth) converge, so it's time to take profits.
Other technical strengths:
The lower indicator above the chart is the phase energy, and this turned positive months ago.
The gray indicator above this is the Coppock Curve, and this remained above its zero line.
The Ichimoku Cloud is rising. Also note the Cloud's black conversion line. This has been a reliable support point.
The 89 day moving average is rising. The Ichimoku Cloud has a green border. This indicates a stronger trend.
So, my advice to to stay long-HASI.
One final tip no matter what techniques you use......
Remember, rewards from trading and investing are determined by human psychology. Trading is a psychological challenge, the way of self-realization and self-knowledge, so the best way to become successful is to find your trading self, to get to know it better and to follow it no matter what.
Thus, there are two significant aspects: your own self-knowledge and your understanding of the market structure.
Let others panic. You stay cool.
Good luck to you in all your trades. Don.
