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Trina Solar (TSL) getting very interesting at these levels

October 19th, 2010 · No Comments

See that chart..
(It’s a nifty little chart that self-updates, so you have to keep an eye on the date 19th of Oct, the price currently is $26.65)

Bit of a stark sell-down to the bottom part of the strong uptrend. Unless something drastic is going to happen, we expect support in the low $26, the company is just way too good and too cheap for it to fall that much further.

We’re not the only ones who argue this, it’s showing up on some radar screens and Deutsche Bank remains bullish

We wrote about the reasons for the sell-off, here and here.

Tags: Solar sector · TSL