SOLAR : Going where the sun don’t shine?
February 23, 2011 Leave a comment
SOLAR is approaching critical support on the medium term weekly chart – from 2.64 to about 2.70. A breakdown and weekly close below 2.65, and better still 2.56 should open up a range right back to 2.00-2.10
If indeed the stock does fall t the 2.10 or so within a fortnight, (the sooner the better) then it will be worth to enter for a rebound trade of 10-12%.