Tuesday, April 10, 2007

Solar Starting to Heat Up

Could this be the next stealth bull market?

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I haven't been keeping a close eye on the solar stocks. Today, I decided to check in on them. Don't look now, but many of the solar power stocks are starting to warm up.

I like the following solar power stocks on any pullback that does not violate today's LoD:
First Solar (FSLR),
Evergreen Solar (ESLR),
SunPower Corp. (SPWR),
Ascent Solar Technologies (ASTI)

Honourable mention goes to Canadian Solar Inc. (CSIQ), which has had a dummy setup for the past week now. Any move above 10.11 should get the buy volume going, with a sell stop of 9.59.

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