Posted by EnergyStockBull on 07/18/08 in Solar Stocks
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.
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Posted by EnergyStockBull on 06/23/08 in Solar Stocks
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 [...]
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Posted by EnergyStockBull on 06/19/08 in Solar Stocks
First Solar (FSLR) broke through support at the 50 DMA, but looks like it might be ready for a recovery:
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Posted by EnergyStockBull on 06/19/08 in Solar Stocks
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:
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Posted by EnergyStockBull on 05/10/08 in Solar Stocks
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 [...]
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Posted by EnergyStockBull on 04/24/08 in Solar Stocks
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 [...]
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Posted by EnergyStockBull on 03/3/08 in Solar Stocks
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.
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Posted by EnergyStockBull on 01/8/08 in Solar Stocks
China Sunergy (CSUN) recently broke out of a downward trend and looks like it may be entering a bull flag formation:
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Posted by EnergyStockBull on 01/6/08 in Solar Stocks
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 [...]
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Posted by EnergyStockBull on 01/6/08 in Solar Stocks
 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 [...]
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