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Solar Stocks Technical Analysis

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On 9/11/2017 at 5:22 PM, Jetmoney said:

Tupapa, The street treat CSIQ as if it is company specific issue.  Other solar stocks seem unaffected.

So, now CSIQ solidly broke the $18 support.  Is it broken now and what is your take on it, technically?

Yes, for me it is no longer a buy unless it can hold and break above 18.12


Thursdays plunge had huge volume, but yesterday prices rallied which shows further buying interest. It is possible that this was the final washout used by buyers to accumulate the final amount before prices take of.

But I'd wanna see a test above 18.12 to take some stops and see if there are further sellers lurcking.

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