Solars Stocks Not So Sunny Technically
- stevenplace
- December 28th, 2010
Further weakness continues to permeate the solar space– these names seem to be very bi-polar, probably due to news-risk related to German solar subsidies and so on. Here are some of the patterns I’m watching, but remember that simple breakdowns have been a tough trade over the past 18months:
YGE: Yingli Green Energy Holdings
LDK Solar
CSIQ Canadian Solar
There’s a couple others (TSL, SOLF) but those are the best setups I see. If you’re looking for a portfolio hedge against the boatload of longs you own, you might want to check these out.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
Tickers: csiq, ldk, solf, tsl, YGE
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