Archive for the 'Solar Stocks' Category

FSLR poised for a breakout

First Solar, Inc. is holding up despite the horrible recent market conditions. It’s held recent gains and closed above the 50 DMA for about a week straight. Any close above the upper resistance could trigger a buy and an upward breakout. Definitely keep this one on your watchlists.

Japanese Government Encouraging Solar Consumption

Came across this article on triplepundit.com regarding some future Japanese initiatives to help boost solar consumption in their country. Tax credits and subsidies = wider adoption = more consumption; always a good thing for green investors.
The Japanese government will introduce tax credits and subsidies to encourage household use of solar energy starting next year. The [...]

First Solar Inc.

First Solar (FSLR) broke through support at the 50 DMA, but looks like it might be ready for a recovery:

CSIQ Fills Gap, Trends Upward

Canadian Solar, Inc. (CSIQ) recently saw a huge jump up following a great earnings report. After filling the gap, it looks like the stock is reading to continue heading higher:

Canadian Solar (CSIQ)

Canadian Solar (CSIQ) is another solar play that I’ve traded successfully. The stock is currently in a 3 month uptrend, and has potential to go even further given the current trend towards alternative energy/solar stocks. Volume on up days has significantly outpaced volume on down days, suggesting gradual accumulation. I’m going to ride this stock [...]

FSLR Superstar Solar Stock Follow Up

First Solar, Inc. is definitely one of the superstar solar stocks in the market today. Since my last post on FSLR, it has rallied almost 40% past 300, at one point. It looks like FSLR is consolidating a bit around 300, but I don’t think that the bull run is over yet. A break above [...]

FLSR Bullish Yet Again

After a double bottom, First Solar Inc. (FSLR) broke out on strong volume. If it heads lower, it should meet resistance at around 200. MACD is turning up, as well.

China Sunergy (CSUN) Chart

China Sunergy (CSUN) recently broke out of a downward trend and looks like it may be entering a bull flag formation:

Suntech Power Hldgs Solar Stock

Suntech Power Holdings (STP) is one of the world’s largest solar cell manufacturers. The company has grown rapidly in recent years and says it is now the largest producer of solar PV cells in the world, with an annual manufacturing capacity of 420 megawatts (MW=1 million watts) as of Sept. 30. It expects to [...]

MEMC Electronic Materials (WFR) Stock Chart

 MEMC Electronic Materials (WFR) makes silicon wafers used to manufacture PV solar cells. Demand for wafers has been increasing recently as sales of solar power cells increase.
Having started selling wafers to solar power customers only in 2006, MEMC now has more than $15 billion in orders for solar wafers for delivery over the next 10 [...]