Solar Stocks Gapping Up
Some solar stocks gapping more than 1% for today's opening:CSIQ 2.5%
FSLR 2.0%
STP 2.0%
Commodity prices are up and the solar sector follows.
Crude Oil and Polysilicon prices can go up until the end of this year, and pulling the whole solars along.
The chart looks overbought in the short-term but the Bulls keep pushing up:
Labels: Canadian Solar Inc., CSIQ, First Solar Inc, FSLR, solar charts, solar ETF, Solar Stocks, STP, Suntech Power, TAN
posted by Ertai at
9:10 AM
2 comment(s):
Is this development all that unexpected? It's the end of the summer, prices should be high. Do you expect it to continue to rise throughout 2009? Am I reading this correctly?
Robb Hughes
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By
Unknown, at
12:13 PM
The idea is that prices should continue to move higher, throughout 2009, away from the lows we had at the start of this year.
By
Ertai, at
2:19 PM
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