CSIQ Play at 38 Break

Blain Reinkensmeyer
Posted on Wed 11th Jun, 2008 02:23:03 PM

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.

csiq-061108.png

Share this post:
  • TwitThis
  • StumbleUpon
  • Yahoo! Buzz
  • Digg
  • del.icio.us
  • Google Bookmarks
  • Facebook
  • MySpace
  • Live
  • Technorati
More on this topic (What's this?)
Canadian Solar (CSIQ) Upgraded to Buy
Global Investing Roundups
Read more on Canadian Solar, Enterprise Acq Corp at Wikinvest

2 Responses

  1. u get it this morning?

  2. Didn’t grab it no.

    Can’t believe it ran to $39.50 already today, just how it goes in this crazy market.

Other Websites Referencing This Post

Leave a Reply

Create a Gravatar for your comments