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Solar to shine again

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March 29, 2011 – Comments (0) | RELATED TICKERS: FSLR , TSL

Recent disaster in Japan has brought quite a momentum to solar stocks. With yesterday's news of a leak of Plutonium should provide a good excuse for these solar stocks to soar once again.

 

TSL - been trading in a channel for a few months consolidating at the high on Monday after breaking out of a bullflag, the momentum on this stock should continue toward testing the resistance of 31.08

 

Here's the chart on TSL

 

FSLR - similar pattern with 3steps increasing volume in the last 3 days.

 

Here's the chart on FSLR

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