STP, FSLR and SPWRA Stock Charts

These last weeks were being ruled by the Bears and now we are close to a decisive point in the market.

Most Solar Stocks seem to be reacting after a string of losses, but what we really need is for the Bulls to pull the market up decently in the next few days, or the short to mid term trends will be pointing even lower.

Today's Pre-Market seems to be pointing up, but it's still risky to get long before a confirmation movement is printed on the charts.

Suntech Power Holdings Co., Ltd. (STP):

It's important that STP stays above the $13 support price level and make a movement up soon.

First Solar, Inc. (FSLR):

First Solar looks to be in the weaker technical situation, and must be above $120 or the trend continues to look Bearish.

SunPower Corporation (SPWRA):

SunPower Corp is still above the $20 support but needs a stronger sign from the Bulls.

Labels: First Solar Inc, FSLR, solar ch, Solar Stocks, SPWRA, STP, SunPower Corp, Suntech Power

posted by Ertai at 8:54 AM