CSIQ Play at 38 Break
3:22 PM EST Update: lucky for you readers $38.20 hasn’t hit yet, unlucky for me (more so incompetence) I have been rightfully stopped out already for my 2% loss.
Posting quick here as while I was writing on the chart the stock broke $38 and triggered my buy order.
$38.05 buy point, 2% stop and look for a close above $38 today to affirm direction. Initial target is $40.
Watching it live high is $38.13 and there is some consolidation occurring, next buy point is at $38.20 or the high $37s if it continues to trend in this range.
More on this topic
(What's this?)
Canadian Solar (CSIQ) Pricing Its Previously Announced Public Offering
(Green Stocks Central, 7/17/08)
Canadian Solar (CSIQ) To Sell 3.5 Million Shares In US
(Green Stocks Central, 7/14/08)
Global Investing Roundups
(Money Morning, 7/14/08)
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Posted by Blain Reinkensmeyer on June 11, 2008 at 2:23 pm --
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u get it this morning?
Didn’t grab it no.
Can’t believe it ran to $39.50 already today, just how it goes in this crazy market.