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Monday, December 10, 2007 

Top picks for Tuesday - LDK, TSRA, FSLR, BIDU

Chart courtesy of stockcharts

The Solar sector is on fire and FirstSolar is no exception. This is one of the momentum favorite stocks right now and FSLR has a great chart. Stock ended the session gaining more than 6% to $250, with volume and near the all time highs, so I'm sure that tomorrow we'll see new highs for this stock. Keep an eye on her.

Chart courtesy of stockcharts

BIDU is setting up to break-out again $400 mark.

Chart courtesy of stockcharts

It looks like TSRA has found support at the breakout area, consolidating recent gains.

Chart courtesy of stockcharts

Very bullish action on LDK today, after company said early in the motning that it has entered a 10-year contract with Q-Cells AG, which will make prepayments to finance LDK’s expansion. LDK will deliver solar wafers with more than 6 gigawatts of annual generating capacity to Q-Cells from 2009 through 2018. She's incredibly extended but no one seems to care. Today, stock has found some problems to break $60 area, so at this level we could see some selling pressure and a pull back is likely. Put LDK on your radar. I'll be watching her carefully for any possible opportunities.

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 !!!


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About Me

  • 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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