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Trading Ideas: SOL

August 20th, 2010 · No Comments

Short this as well, multiple top…

ReneeSolar, Chinese solar panel maker

Click to enlarge:

  • Short at $7.8
  • Multiple tops at approximately $8.25
  • The only worrying thing is that Cramer argued yesterday to sell the solars (he sometimes is a good contra-indicat0r, according to some)
  • But do notice the higher lows (see below)

Tags: Technical Trading Ideas