--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

« Home | Stock Picks and Trade Ideas for Wednesday - PAAS, ... » | Stock Picks and Trade Ideas for Tuesday - GET, SLB... » | Stocks to watch next week - EXM, NETL, GOOG, FSLR » | Russia In Recession » | Stock Picks and Trade Ideas for Friday - JPM, Citi... » | Stock Picks and Trade Ideas for Thursday - BAC,GS,... » | Italy in recession » | Bear market rally in action » | Stock Picks and Trade Ideas for Tuesday - CSCO and... » | Stock Picks and Trade Ideas for the week ahead - J... » 

Wednesday, December 17, 2008 

Solar Stocks Shine - LDK, ESLR, FSLR

Chart courtesy of www.stockcharts.com ( click to enlarge )

FSLR - The stock closed above its 50-day moving average today on heavy volume for the first time since early September, which is usually a good signal for the short term. The stock is now on the uptrend and with K line now on top of D line First Solar shares have the chance to go much higher from here. If 126.72 holds, next resistance is 160.

Chart courtesy of www.stockcharts.com ( click to enlarge )

ESLR - The shares have been on a small rally recently with K line on top over D line. The stock overall is still weak with 50 day moving average now below 200 day moving average. The next upside price objective for the bulls is producing a close above technical resistance at $3.12 ( 50 DMA ). Let's keep an eye on ESLR for a possible breakout over this level.

Chart courtesy of www.stockcharts.com ( click to enlarge )

LDK opened weak and closed strong to form a bullish engulfing pattern. A break above $15 turns the trend Bullish. The shares have been on a rise recently as K line is on top of D line indicating a buy signal. Now with stock back above the 20 day moving averagethe stock may see more up side with MACD also rising.

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. See you tomorrow !!

AC

Labels: , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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.

  • Benzinga.com supporter

    Stockal supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    RECOMMENDED



    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google