Wednesday, May 07, 2008

Canadian Solar Inc. at new highs

Canadian Solar Inc (NASDAQ:CSIQ) was touching new historical highs last week, recovering from a long correction since the beginning of the year.
With other titles like FSLR, CSIQ has one of the best bullish trends, but expect some resistance at this levels.



CSIQ will hold a conference call on Tuesday, May 13 at 8:00 am to reveal its quarter earnings for 2008.

Many solar energy stocks are swinging up with the Crude Oil reaching new highs, above $121, and expect many stocks in the industry to start catching up, after the last Bear rally putting some companies in a very attractive position.

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