Renewable Energy
By Terry Long November 6th, 2020
Welcome to the Sector Spin with Terry. In this new video series, I plan to share with you what I’m watching this week in the industry subgroups. This week, I share stocks in the Renewable Energy group. With a very likely change in administration at hand, this group should continue to gain traction and is positioned to be an outperforming group. Several stocks have already made huge advances, but watch for pullbacks to the 50-day support lines for potential new entries.
Trading Analysis Terry Long
Research Director
Senior Technical Advisor at TradingAnalysis.com – a research service created to share investing ideas and strategies with an emphasis on options trading leveraging Elliott Wave Theory and Fibonacci analysis.
My area of emphasis is geared towards the US Markets (equities and index futures), highlighting sector trends, key developments, and mergers and acquisitions. I am a retired chemical engineering professional with a diverse engineering and economics background and detailed knowledge in petrochemical and related industries. I have a personal interest in finance, investing and specifically options trading including a deep understanding of applied Elliott Wave Theory.
Seasonally these stocks are coming into a very bullish period. Great shout Terry. Will be watching.