The HSOL (Hanwha SolarOne Co) has hit the second & final target of 2.68 for a gain of 40.6% from entry (or more if shorted on the recently highlighted backtest).  Consider booking full profits as the R/R no longer warrants remaining short at this level.

Although short trades remain counter-trend trades with the broad market solidly entrenched in an uptrend, HSOL (along the other recent short trades in the solar sector) is a good example of how technical analysis can be used to help identify profitable trading opportunities long or short, regardless of the overall trend.  Updated daily chart shown below preceded by the previous daily charts for a quick visual history on the trade.