Cmom...SOLF taking a beating due to downgrade of another Chinese solar. I added more today at 14.80 and will add more slowly if it continues down. You know this stock when ready can run like a house on fire, it's just not its time right now.
This is what www.stockconsultant.com had to say about it earlier today.
RESISTANCE ABOVE +12% at 17.17 ± 1.01, type single, strength 3
+25.5% at 19.24 ± 1.14, type triple, strength 10
+43.5% at 22 ± 1.3, type double, strength 10
+71.6% at 26.31 ± 1.55, type double, strength 9
+136% at 36.21 ± 2.14, type single, strength 5
SUPPORT BELOW -5.9% at 14.43 ± 0.85, type triple+, strength 10
-14.7% at 13.08 ± 0.77, type single, strength 8
-26.1% at 11.33 ± 0.67, type single, strength 2
-36.8% at 9.69 ± 0.57, type single, strength 1
Upside Trade Trade indicators for long trades. Upside Trade & Breakout Help
Upside ReCalc™ : Adjust the upside trade & breakout parameters. ( Stock Price: 15.33 )
TRADE QUALITY 90%, Excellent
Good trade quality is a combination of good profit, profit/loss ratio and target potential.
TARGET 1 Price: 22 Profit: 43.5% , for a typical rally.
Stop Limit/Trailing Stop Limit: 14.1 Loss: 8%
Profit/Loss Ratio: 5.4 : 1 - Excellent
TARGET 1 POTENTIAL Fair, there are 2 resistance areas on the way to Target 1.
Strong resistance areas may reduce the potential to reach long Targets 1 & 2.
TARGET 1 RESISTANCE +12% at 17.17 ± 1.01, type single, strength 3
+25.5% at 19.24 ± 1.14, type triple, strength 10
+43.5% at 22 is Target 1
TARGET 2 Price: 24.26 Profit: 58.3% , Profit/Loss Ratio: 7.3 : 1 - Excellent for an extreme rally.
BREAKOUT None. |
