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Monday, March 12, 2007

The Next Possible Hot Sector ?

This sector deserves some monitoring to see if it will be across the sector bullish....
And you know how I love a good idea.....

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What do all of the above charts have in common?
They are all in the solar power sector. This sector has received increasing interest lately, especially since the Bush Administration is promoting solar power through its "Solar America Initiative." A google search of solar power is turning up increasingly more search results and news results.
Some of the charts look interesting, the remainder looks like it could use more baking time. Note however, that almost every one of the charts highlighted above is above its respective 50d EMA trend line.

Something worth monitoring.

2 comments:

Bubs said...

I've been watching these companies for a while to. FSLR was on fire today.

Phileo said...

Hi Bubs,

I scalped TSL today for a few dimes. Keep watching this sector, it could turn on a dime.