Not exact matches
Over the past two or three years a bloody
shakeout has
occurred, with many solar manufacturers going bankrupt, including some in the U.S. (like Solyndra, which received $ 535 million in Department of Energy loan guarantees).
The «undercut» of the 20 - day exponential moving average that
occurred on the morning of March 31 was followed by a breakout above the high of the recent range (from
shakeout to breakout in a few hours).
Where the
shakeout needs to
occur though, is in demand... from either side.