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Yes, quite so, the real question is why this sector responded as it did. Usually the tendency is to run up before a big headline event, then sell off or consolidate as it concludes...josephli wrote:global climate summit agreement. headline news a couple of days ago.
Democrats negotiated continuation of tax credits, which were set to expire.Daniel wrote:What is up with the solars? Huge multiday run.
For eg. FSLR went from 53 to 66 in four days, other leading issues similarly.
Was there a bad harvest of photons this past week? Shortage panic?
Ah. That would do it, a shortage of tax credits. Averted! Once again, supply and demand rule.kongen wrote:Democrats negotiated continuation of tax credits, which were set to expire.Daniel wrote:What is up with the solars? Huge multiday run.
For eg. FSLR went from 53 to 66 in four days, other leading issues similarly.
Was there a bad harvest of photons this past week? Shortage panic?