I'm totally long this stock, but the 21.60 level seems quite relevant and it might define the short term future. It seems tired, but the solar-stock companies are all on fire. We'll see.
CSIQ has recovered after a great quarterly report. We´ll see what happens next week. I´m LONG
Another one that is overdone. 200 day moving average should hold Rebound coming? I think so.
Extremely oversold and on the .618 of Fibonacci
Unbelievably precise. Trend based fibonacci worked like a charm. I'm in this for the long run. Will be 40 bucks in less than 2 years.
Technicals: 1) Neckline at 12.76 surpassed triggered an inverse H&S 2) However, price closed below fractal level at 12.10. 3) This resistance surpassed will strengthen conviction towards said targets.
We like how the Solar Sector is trading separate compared to the rest of the market right now so we entered this trade today. We are hoping for this to be a longer term swing trade for us but it depends on the price action. The momentum looks nice to the upside and I decided to post the weekly chart on this to show the strength in this current move. Good luck to all!
RETIREMENT ACCOUNT HOLDERS If you have this stock NASDAQ:CSIQ Stock screener protocol is good except the earnings date falls on 18th August. Watch over it... Chart is looking good. Buying low as in next few days, possible cross over of green on red and white MAs. Aug 16 14.50 call is 1.20 which is 8.0% (unassigned return) and 4.6% (assigned return)...
RETIREMENT ACCOUNT HOLDERS If you have this stock $SEDG NASDAQ:SEDG Stock screener protocol is good except the earnings date falls on 2nd August. Take care of it... Chart is looking good. Buying low as it bounce on TREND LINE. And in next few days, possible cross over of green on red and white MAs. See the chart NASDAQ:SEDG Aug 16 18.00 call is 1.60...
Despite better than expected EPS announced yesterday, price action was bearish as price is being rejected once again at the upper trend line resistance and the bullish flag breakout pattern does not get a confirmation. The only positive signal is the fact that the weekly candle touched cloud support and bounced. Unless bulls see a push above 36$ over the next few...
The weekly chart in CSIQ is a bullish flag. Current price action shows that price is near breaking out above the flag. Conservative target is 50-55$ while an equal leg upward to the previous upward move can bring the share price towards 60$. The sideways consolidation in CSIQ is most probably over. Short-term support at 35$ and at 33$. A break below these levels...
4-17 Gosh looking a bit like a Double Top that's ready to break its uptrend (green) if you ask me. But for now? Its intact. I'm sure we'll find out next week. Feel free to follow on TWTR at @AmazingPatterns For informational and educational purposes only, these are not recommendations, trade at your own risk.
CSIQ expected to open at 31.48 for a Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
CSIQ expected to open at 23.40 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com