Hi traders, this is my take on CSIQ, I have no knowledge about fundamentals on this one, at all...
Always do your own DD .
Solar is a hot sector, literally..
There has been massive movements, but will they continue?
The trend is strong, and we surely will move more towards sustainable energy, but has the sector overheated and is ready for a retracement?
I don't...
CSIQ has made big moves the past week. I'm bullish, but wanted to trade CSIQ with put insurance.
So I'm playing the 12/31 $50-55 strangle:
buy $50 put = $1.20
Delta = .32, Theta = .11
buy $55 call = $1.20
Delta = .34, Theta = .12
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some...
Today's massive pump is the repetition of Oct 20 followed by dump and further consolidation.
By the date of inauguration we will break-out. There will be one more opportunity ahead to get on the trend.
However, it breaks it before that, it's a buy.
Any comments are welcome. This is for discussion purpose. I had this stock previously and decided to prioritized...
Quite new to the stock market and learning a lot of new things here! I think CSIQ is a great stock for the long term and I believe the company will be doing very well in the future. I was just looking at the chart and noticed what was looking like a nice upward wedge formation. Do you think it will fall at the end of the wedge or will it rise?
Eventually the EV bubble has to burst, but it's looking to me like we might not reach peak bubble until June. Zero interest rates and what not...
CSIQ chart from the 2007 bubble. Funny thing is that I was looking for a dot com bubble and FSLR is the only one that survived, lol.
Potential trade setup for CSIQ on a break from
recent range,
Fibonacci 1.618 expansion level sits in confluence with the 2008 ATH.
Indicators bullish.
volume remains impressive.
Potential entry above $45.60
Targets as per Fibonacci levels.
Please observe that there is a wedge forming on this canadian solar company's stock: $CSIQ. Upon a breakout of the wedge I'll be buying up to the targets noted on the chart.
Please feel free to check out my other ideas, I really want to help people understand the market the way that I do.
I hope we profit TOGETHER! If you found this to be insightful or helpful,...
I bought this stock the previous days...after 8% gains I publish my accurate analysis!
Some vip traders made entry with me and now enjoy the gains !
Canadian will make new highs ..!
