Tuesday, March 15, 2011

SOLAR stocks move strongly on alternative energy demand

Solar stocks were in play because of the nuclear meltdown in Japan. Investors pour capital into solar stocks as demand for alternative investments will increase in the future. Below are a couple of charts that form patterns when the sector is bullish.

JASO: Cup with Handle and double bottom







YGE: Reverse Head & Shoulders, Cup with handle play.








YGE: 15 minute time frame you can clearly see SUPPORT around the $11.50 price range.








STP: Forms a bullish Flag pattern, triangle or wedge

No comments: