Solars Shine As Predicted
The solar stocks continued to get a boost higher today after LDK Solar Co., Ltd. (NYSE:LDK) raised guidance for the fourth quarter in 2011. Over the last couple months, solar stocks had fallen off their recent high levels as profit taking took place. Many of these stocks came in sharply and began to form amazing bases. This was mentioned in my article on January 6th, 2011 titled "Solar Stocks Start To Shine". The key stocks mentioned were Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF) and JA Solar Holdings Co., Ltd. (NASDAQ:JASO). Both stocks are up significantly in the last two days and could continue to move higher. Again, the key was isolating the bullish charts, noticing positive money flow and other proprietary techniques. This alerted me that a move higher was likely in the coming days and to pile in on the long side.