We have a nice divergence in this uptrend and the last bounce seems kinda "jerk" to me Though right now, i think it is too early to consider a short, i will wait for a break of the price resistance @29.50 and of the RSI resistance to really consider a short there.
As of right now, SolarCity looks like its in a massive flag on the weekly. Its hard to count EW with an equity that has only been around since 2013, but I'm going to go long soon, and see if this flag plays out. I have a triangle target of around 87, but it will become more accurate to measure from when (if) this e wave completes its down turn, and bends up. Im...
Company is severely undervalued and getting sold off on "weak" earnings... Great buying opportunity today!
Just watch Tony Seba's videos www.youtube.com Solar is the future. Watch his other videos too, you will probably not invest in other energy sources except Wind and Solar, but I think solar will surpass everything by 2030. Short Coal, buy something else, maybe a lithium mine instead? hehe
Maybe some pullbacks along the way, but now that $FSLR broke the 200 SMA resistance, next level is probably 70$.
In this week's Requests Zone I'm analyzing $FSLR, trying to see what important levels to monitor and what are the trading opportunities in it. The analysis, made by using Fibs and structures, suggests several options. Check out the full analysis in the Weekly Markets Analysis newsletter Press the link below to read the newsletter with this setup and...
This is a crappy solar company, but I have been keeping an eye on it for a while. Its starting to look like we have come close to a bottom, and might begin to accumulate if buying volume pics up over the year.
Price levels to sell: $32.50 ……… expect resistance. (this level was tested on the way down) $35.00 ……… supply level.
Seems to be a much better level somewhere between 15.75 to 15.60. Buying on the bounce of a downtrend is not a smart strategy. Buy if price comes down to around 15.75, but get out (stop loss) if it goes below 15.30.
SolarCity poked its head off consolidation and looks ready to amke move higher. Overall, stock gained 400% since it became public. This has largely been driven by its attractive business model, which has allowed it to grow its customer base at a feverish pace. Unlike other installers who require customers to make upfront cash payments, SolarCity foots all the...
Since the beginning of March this solar ETF entered into bear channel and was laggard sector vs broad market as investors were buying major cap, high dividend stocks. Nevertheless, it is just 38% pullback from big move from $15.00. Now, it builts higher highs and higher lows - strength of buyers. Yesterday, it closed near highs and broke previous dwing high at...
Hi guys, for me YGE is strong long a there level. Over 20% likely in the next days.
The S&P 500 just broke up consolidation that was theme of year 2014. Yeasterday, sectors that were recent laggards (high-beta, small-cap) showed relative strength. Overall you have to take stock specifique approach and be willing to buy dips in strong stocks if you want to be successful in this tape. This solar company attract my attention. It was wedging...
Looking at these two charts, it's hard to dispute that there's a relationship between the micro-trends of $FSLR and $SCTY. They're in the same sector, so similar macro-trends are visible; within that sector, they are competitors in several ways so if one goes up it makes sense that the other would go down on a micro level. The yellow lines are the most recently...