February 20, 2007


(click to enlarge)

PBW, the clean energy ETF is showing an interesting pattern having just broken (decisively?) out of its 8 months range of 16.5-18.5. It has also moved above its 200-day moving average.
If it can make it above 19, 21.50 would be the next logical resitance but we'll worry about that then.

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