Friday, January 15, 2010

Solar Stock ETF TAN

Claymore/MAC Global Solar Index (ETF) Update

The solar stock ETF TAN seems to be pointing down, with the recent correction across all markets. The chart seems to be pointing to a support near the $10 line near the 50 day moving average.



Most solar stocks still look bearish for the very short term, so the Bulls better keep waiting...

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