Solar Stocks Ready to Pop! 🌞

New $2000 Balance Starts Monday in SAJ

Good evening, Folks. Jeff Bishop here!

Hope you’ve been following my ideas lately on my Hot Stock Page — released promptly at 9am EST when I have an idea I’m super hot on! Yesterday’s was on FIRE.

If you were watching out for it in your inbox before the market opened yesterday, you had a front-row seat to see a nearly 30% move over several hours…

So get ready, as I’m getting another one ready for tomorrow (hopefully with even more potential!)

In the meantime, I thought I’d share the Solar Report I recently released to my Bullseye Unlimited members.

If you’re not on that list, make sure you sign up right now so you don’t miss any more of my picks during the week!

THE SOLAR REPORT

I’ve identified what I think is the next hot sector getting ready to make a move higher. In fact, it has already started. 

We’ve seen AI run in NVDA and other semiconductors such as SMCI, and while that trade is a bit overextended and overcrowded now, there’s a new play that’s just starting to heat up.

That sector is Solar! 🌞

Here is a daily chart since last year’s lows, and then an even lower low last month.

Now, TAN (the solar ETF), has rallied 20% in the last month.  The question is if it has more gas in the tank?

After a huge run in 2021, most of the solar sector has been beaten down and has accumulated large short interest, Gamestop ring any bells here?

However, it looks like some of these stocks could be bottoming out and set for a big run from here, at least in the short term.

The move for Solar stocks began with FSLR, which is the sector leader.

Check out what’s happened over the past few days!

The stock is up over 80% in just a few weeks and is starting to go parabolic.

While it is too late for me to buy FLSR now, I have found that when one leading stock in a sector moves, traders often turn their attention to other names in the sector as well. 

Here is a list of my favorite solar stocks right now that I think have big potential!

My GAMMA trigger has signaled and the AI is screaming go here on CSIQ. 

Not only that, but it has a Short Interest of over 16% according to Finviz. Those shorts could provide the fuel for a significant move higher if the stock starts to move as we’ve seen with GME and AMC recently.

According to Finviz, NOVA has a short interest of over 37%. The stock has formed a base and could have plenty of upside from here.  

Plus, I just love this basing pattern on a low-priced stock.

MAXN was trading above $20 last year and is now trading at around just $3. 

According to Finviz, the stock has a short float of over 46%, so I wouldn’t be surprised to see a sharp move higher shortly.

I like MAXN, because it is already starting to “squeeze” higher.  The stock was $2 at the start of May, and has been slowly climbing since then, and now trades just over $3.

I don’t see why a break above the recent resistance at $4 is impossible?

If you’re looking for high-short-interest stocks, SPWR must get you really excited!

According to Finviz, this stock has a short float of over 88%, which is completely insane. 

This is up there with what we saw in Gamestop years ago. 

If the Apes turn their attention here, there’s no telling how high SPWR could go.

The reason that high-short-interest matters is because all of those shares will need to be bough back at some point in the future.

If 88% are sold short, that means that only 12% of the company’s shares are available to trade – so the stock can make some larger-than-normal moves.

If there is a catalyst for real buying (or the Reddit gang decides to “send it to the moon”) this could create a disaster for short-sellers.

Time will tell, but I sure like the trading setup right now.

Make sure these solar stocks are on your radar, I think they could be in play shortly!

Hope you enjoyed my Solar Report! And just a reminder Jason’s starting a new $2000 Journey on MONDAY. Our best deal is gone tonight at 12AM PST!

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