jmalone1224

Pardon the interruption

Long
BATS:LDK   None
0
Solar is going to be business in the near future. Plenty of room for companies and suppliers to grow. Anyway, what you're looking at is a long green candle followed by a spinning top (today's candle). When that combination comes up it usually means the Bulls are weakening, and there may be an interruption in the current trend. Looking at the CMF indie., its went down from yesterday's posting, even though the RSI went up. So, yesterday had good buying pressure, today's buying pressure was better, but the approximate value of today's trading dollar (for $D) was less than yesterday's. I don't see LDK reversing any time soon, given the current solar market, and recent deal they signed with a company in China for a few million solar wafers. So, I wouldn't worry; stocks go up, and they come back down. But, then they go up again... I'm sure LDK will continue its climb very, very soon :)

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