Solar City: A Breakout Ahead?
Justin Smyth | Jul 31, 2014 02:09AM ET
SolarCity Corporation (NASDAQ:SCTY) is in Stage 3, but a nice cup and handle pattern is developing with volatility contraction and a dip in volume in the handle to around half the average daily volume. Relative performance is also still above a rising zero line, so watch for a breakout above the recent high for a potential Stage 2 continuation move attempt.
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