Solar Stocks Bounce Up

The 'Short Solar' News articles continue to pop-up and the more bias the analysts get, the more the markets will probably NOT follow...

I believe it's getting so obvious, in the fundamentals, that we should short solar stocks, that looking to the technical side, that information can be already discounted and the bad news could be the old news...

Today we are getting a little bounce, and considering the negative bias, I would not be admired if the Market started a short-term Bullish Rally.

Suntech Power Holdings Co., Ltd. (ADR) (Public, NYSE:STP) Chart looks good for shor-term Bulls. 200 Moving Average as Support, with a nice reversal Hammer candle:


Other solar stocks with the same technical moves: FSLR, YGE, JASO

Labels: First Solar Inc, FSLR, JA Solar Holdings Co., JASO, solar charts, Solar Stocks, STP, Suntech Power, YGE, Yingli Green Energy Hold

posted by Ertai at 11:04 AM