SOLAR : Needs to break out above 3.14 to cheer the chart up
April 7, 2011 1 Comment
SOLAR is not looking very attractive at the moment. Maybe it is the long term forecast that solar panels will halve in cost by 2020, we have no idea, but from the candles, there is some risk of a pullback to 2.90-292, if not 2.86-2.88.
To turn things around Friday, it would need to rebound and close above 3.14 at the very least…. on good volume. If so, then 3/25 wil be the immediate target.