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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| TAN | Non Equity Investment Instruments | -7.67% | n/a | 2 | 29-May-08 | Prior Holding |
14-May-08
TAN: Solar energy ETF gaps to new highs on volume
Holding Rationale for TAN.
TAN is a recent ETF incorporating the key solar energy stocks, 1/3 of which are in China. I bought this after looking at the charts and other key measures of its components, and decided, given the volatility of the individual stocks, that this one would work just fine for me. It’s a great breakout on volume, from a short initial congestion. My initial stop is just under the lows at 24.87.
Another option is KWT, which has a very similar chart, as it is based on many of the same stocks.
Tagged Stocks: TAN
Posted at 12:05 in Holding Rationales | Permalink | Comments () | Top
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