iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Solar Panels Deserve A Bounce

Take a look at the carnage within the solars over the last few months. This has been a house of pain for anybody invested in the space, and probably will be for a while. But, in the meantime, I see a short term face ripper rally within the industry.

$FSLR was downgraded today, but looks to be shrugging it off, suggesting a short term bottom is in. However, nothing is certain in the land mine filled sector, so play with these bombs accordingly.

My favorites, for a trade, include:

$YGE

SOL:

$LDK:

I like the spot right here in the above three names, and think you can run a stop just beneath the recent low. Godspeed if you are trading these time bombs.

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10 comments

  1. lol

    NBR and TSU may be decent short setups developing

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  2. FIG

    80% of all solar companies won’t be around in 5 years. Most of these stocks are headed to 0.

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  3. kmoney01

    thought on just going with $tan ?

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  4. RC

    that works too, stop under today’s low

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