Friday, November 09, 2007

Solar Stock Charts

First Solar continued upward yesterday, reaching more than 30% in gains for the day, with the whole solar energy industry going contrary to the direction of the general markets that dipped into new month lows.

FSLR closed at $224.43 gaining 34.29% this Thursday.

Other titles such as STP, SPWR, CSIQ or SOLF opened higher following FSLR move, but most of them closed neutral because of the massive sell off in the world markets.

Here is the charts of three of the most negotiated solar energy stocks:
FSLR


STP


SPWR


US Markets are opening lower again today but solar stocks seem to be steady.
While I don't expect the same gains of yesterday, FSLR should hold most of its value.

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