CSIQ | Great Entry Point | LONG Solar

Sep 28, 2024

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules, provision of solar energy and battery storage solutions, and development of utility-scale solar and battery storage products. It operates through the CSI Solar and Global Energy segments. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. The Global Energy segment includes solar and battery storage project development and sale, asset management services for operational projects, sale of electricity, and investment in retained assets. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.

Oct 31

Trade active

We are hitting the golden pocket (0.618) at $21 but will head to the $27 mark next.

Nov 7

Trade closed: target reached

Perfect hit to the target zone, expect a pullback before a move higher.

Nov 10

Note

This is blasting through to the golden fib extension (1.618) at $36. Congrats to the bulls long on this name.