Made some profit on this one selling into the bounce. fell back down from selling pressure.
Holding shares of this thinking it will fly after earnings, but we'll see.
SOL downtrend seems about to reverse. Time to take a long position?
Strength in the chart: 1. Pershing Gold (PGLC.Nasdaq) a. Changes in trend with high volume b. At accumulation stage 2. Jumei (JMEI.NYSE) a. Confirmation on accumulation stage b. 2nd Breakout and forming pullback 3. Renesola (SOL.NYSE) a. Confirmation on accumulation b. High volume upbars Send us your preference stock to review based on TradeVSA chart by...
Several good catalysts: * Good news today * Strong volume up * Closing gap
SOL gaped up in the mid July. After that, It formed a uptrend. it's good time to buy if it pulls back a little bit.
SOL gaped up two week ago, and it also has been in a uptrend since April. Get ready to buy when it pull back.
Should SOL continue this climb back up the mountain there really isn't much in the way. But the flip side to that is there isn't much there to catch it should it miss a step either.