Jun. 7 at 8:53 PM
$TAN solar had a strong run but is now printing its first real warning candle
Top holdings include
$FSLR
$NXT
$ENPH
$RUN
SEDG
TAN rejected the 75.72 (50% Fib) level and printed a bearish piercing-type candle
Key level to defend is 64
If that fails, next support sits at 60, then 54
The broader trend is still bullish, but the market is now entering a cooling phase after extension
A healthy move would be consolidation and support rebuilding, not immediate continuation higher