Renewable energy group - RS improvement in Stage 1
Renewable energy group $DWCREE is currently in Stage 1, and has been one of the weakest groups YTD. But this week its RS ranking score has climbed from 5 to 41. So it's moving through the key 30% level , and so is in a good field position if it closes the week well.
$FSLR is the main driver as it's the large cap of the group and has had a sign of strength rally from its VCP base over the last week. $SHLS is an interesting recent IPO in the group that is starting to shape up and back above its Anchored VWAP and $FCEL having a short squeeze.
So the group might be worth some further investigation as it could be nearing the later part of its Stage 1 basing phase, and so it is the time to start to look for the leadership that *might* break out into early Stage 2 ahead of the group if it is starting to recover.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.