Junksolar has been a good swing candidate for months travelling in the box channel while drawing a symmetrical triangle.
And I think the time is now to break out of the box and fly higher! I think the risk is low on this trade as it is still at the bottom of the symmetrical triangle with 100 ma acting as a strong support.
Although I am trading this as a swing, I think this is still a good long-term investment as well with rising concerns over global warming and environment-friendly policies under Biden administration.
Target: $75
Stop: $60
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