Short Covering Could Stoke Another Solar ETF Rally
July 14, 2014 at 08:00 AM EDT
The Guggenheim Solar ETF (NYSEArca: TAN) is coming off a week in which it lost 5.3%, but the largest solar may not be down and out for long. At the technical level, the ETF appears to be consolidating, which could give opportunistic, patient buyers a low-risk entry. “The current base in TAN...