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LDK technically

June 9th, 2009 · No Comments

We are inclined to say, all systems go…

What’s more, options are still reasonably priced. We especially like the 2011 leap year’s, we adviced in May to buy the 20 calls. There could be a little hesitation around $11, but since after the close this has already been breached, we don’t think that’s too tall an order.

The next halt will be 15, you can clearly see how late last year and early this year, the stock tried to break and failed. As if this isn’t enough, you also see the 200 day moving average coming down to that level. We think we could be there quite soon.

Tags: LDK