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Friday, March 28, 2008 

Solar stocks shine

Chart courtesy of stockcharts

SOLF - Great earnings on this stock. Entry point would be on the day it blows through $14.29 on heavy volume.

Chart courtesy of stockcharts

AKNS - The good news is that the price of Akeena Solar stock crossed above its major moving averages with the relative price strength increasing. When a stock raises above its moving averages it means that it has broken its short-term trend. This is a bullish signal.

Chart courtesy of stockcharts

LDK has a very interesting daily chart and could have a bigger move soon. Resistance for this move is $29.50. This stock will move quickly and is very volatile, so be careful with your share size and entry price. Optimum buy point is when price crosses the resistance line.

Chart courtesy of stockcharts

FSLR - Stock is now in a breakout mode and the chart suggests a strong confidence in stock, RSI has space to move up more. Technically, I continue to believe the stock will test the the prior highs of February at $236.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening!!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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