Bought more solars today, YGE @ 4.6, TSL @ 11
I've now got more than a full position in solars, at prices bought when TAN was 5.7 to 4.65 (which takes us all the way down to the 2008-9 lows). At this point, if the stocks keep dropping 5%/day, I'll just hold what I have. If we have a rally (and, even in bear markets, there are big counter-trend rallies up to resistance levels) I'll use it to lighten up, if I can get out even from my higher-cost shares. The volatility of these stocks, make it likely I'll be able to do that, if I'm patient.
The obvious resistance lines, during any rally, will be at around $6 (the 2010 low, and the 10wma), and then around $8 (the trendline of tops since mid-2009):
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