Thursday, January 17, 2008

FSLR, CSUN, SOLF: Solar Selloff Update







(Click On Charts To Enlarge)






Dramatic moves in these stocks, both to the upside and the downside. FSLR hit its Wolfe Wave target yesterday. CSUN is a great example of how an Island Reversal "should" work. It's down 50% from its high at 19.23, after a rally of 200%. The break of the Symmetrical Triangle also was a Bearish Island Reversal. SOLF is down 50% after its late 2007 rally of 300%. Whew!






Follow the trend. Buy breakouts. Sell and/or sell short breakdowns. Take profits when targets get MADE. Rinse and Repeat. LOL.

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