Solar Stocks Retreat

After the massive rally last week, the market is retreating as expected. Most of the Solar Stocks are in the red and would expect some bearish moves in the next few days. Maybe it's time to get back on the Short side.

First Solar, Inc. (Public, NASDAQ:FSLR) Chart gapped this morning, but it's still not obvious that we are going towards new lows, and I would prefer to see another down day tomorrow if I wanted to get Short on Solar. Just don't forget your Stops!

Labels: Bearish, First Solar Inc, FSLR, solar charts, Solar Stocks

posted by Ertai at 11:36 AM