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 [...]
This video cover the following components of TAN (Guggenheim Solar ETF) in the following order: TAN, GTAT, CSIQ, HSOL, JASO, YGE, SOL, FSLR, TSL, JKS, SCTY, & SPWR.
I will be away from my desk for most of the day and might post some charts or commentary later today, should we get any significant technical developments in the market or with an of the active trade ideas. We did have a couple of trade ideas hit profit targets recently, which I will post [...]
HSOL (Hanwha SolarOne Co.) is approaching the first profit target (T1) and actually hit it at the lows yesterday. However, upon reviewing the trade ideas today, I just noticed that the suggested buy-to-cover price levels had not yet been added to the charts although the target/support lines were shown on the previous charts. The suggested [...]
This is the second and final video covering the highlighted Active Short Trade Ideas (with a separate video covering the Long Trade Ideas to follow). The trade ideas/charts are discussed in the following order: HSOL, HTZ, JASO, JPM, KBH, M, MIC, NTRS, OSTK, PWRD, QIHU, SPB, TSLA, YUM, & Z. To skip ahead to coverage [...]
HSOL is breaking below this bearish rising wedge pattern following the most recent thrust higher on what appears to be a possible buying climax. I have noted a support level (S1) that comes in around the 4.25 area which may or may not produce a reaction (pause or bounce) in the stock. One could either [...]