I generally view the macroeconomy through a liquidity lens dominated by sovereign nations and central banks exercising their power to move liquidity around various parts of the economy. Renewable energy and battery technology are inevitable, but when will governments decide? Well, it looks as if China is making the first move (link below). Moreover, known short...
either clean energy is making an ernest rebound to the 71 area or the continued volatility will carry us back to the 64 area
Great fund, love EVs, and it's paid out handsomely by just buying the dip and following prudent stop losses. Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point. M top for now, expecting bottom in 1-2 more trading days Watching for reentry near $72, expecting resumption of uptrend soon...
QCLN I want to believe. I really, really do. 56% return in 3 months. But RSI, MACD and stoch all say BEWARE Electric Vehicles, Fuel Cells and Hydrogen Oh My! *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Yes I haven't buy this one NASDAQ:QCLN , I don't know how it happened but it did. Now with this possible pullback I be watching it to buy strong. I see 3 different buy points in this chart, but I think the purple zone would be the best one. Even thought I would like to buy on the 50 day MA, anything could happen. Now is time to wait.
QCLN is an Electric Vehicle/Hydrogen ETF that has done well for me. It's on monthly cycles going up 25-30% then dipping about 7%. I'm looking for another dip this week to buy more. Note: I am looking for this to likely peak and a real correction early next year, but I think it will be a great short term investment. *NOT FINANCAL ADVICE - NOT A FINANCIAL ADVISOR*
QCLN holds a broad portfolio of US-listed firms in the clean energy industry. Eligible companies must be manufacturers, developers, distributors, or installers of one of the following four sub-sectors: advanced materials (that enable clean-energy or reduce the need for petroleum products), energy intelligence (smart grid), energy storage and conversion (hybrid...
Shown on chart, QCLN could take a while to work itself out.