“Despite its 0.55 percent decline to $52.17 on Wednesday, SolarCity remains 6.33 percent above its 50-day moving average, after breaking above the neckline of the head-and-shoulders pattern on its chart during Friday’s shortened trading session,” according to Wall Street Sector Selector.
SolarCity is TAN’s fifth-largest holding with a weight of 5.5%.
First Solar “broke the neckline of the head-and-shoulders pattern on its own chart and finished the session 14.37 percent above its 50-day moving average,” Wall Street Sector Selector noted.
Guggenheim Solar ETF
