SOL - Long Initiated

Looking at SOL, we may derive the following from the weekly chart:

1. We are at a major support level.

2. Keep in mind the growing bid on wti/crude.

3. I am favouring a move to upside.

4. Stop loss is in a non traded zone (good for limiting risk).

5. As always - risk management.

Let's see what happens.

Note: The views provided herein do not constitute financial advice.