trading2day

Critical sessions ahead for the CSIQ

NASDAQ:CSIQ   CANADIAN SOLAR INC
73 0 2
Despite better than expected EPS             announced yesterday, price action was bearish as price is being rejected once again at the upper trend line resistance and the bullish flag breakout pattern does not get a confirmation. The only positive signal is the fact that the weekly candle touched cloud support and bounced. Unless bulls see a push above 36$ over the next few sessions, stock price will be vulnerable to a deep pull back.
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