Solar Getting Hot? | Bulls on Wall Street

Solar Getting Hot?

After having what amounted to quite a crappy 2010, solars have come out of the gates strong in 2011 – both in price and volume.  It’s easy to get burned in this sector, but the volatility can also lend to some impressive short-term gains.
Here are a few I’m watching:
SPWRA – ugly daily chart, but I’m watching after today’s move through SMA200 and positive MACD cross.  Target 15.
WEST – Penny stock worth watching on bull flag setup.  I move through .55 (SMA100) could bring in the buyers.
JKS – Breaking out of falling wedge with lots of room above.  MACD / price divergence.  Decreasing volume.. all good for a breakout setup.. bring the volume and price over 22.
YGE – setting up for ADX cross.  Some resistance at 10.50 to work through, but some open air above.
TSL – Symmetrical triangle sitting under SMA200 with improving MACD.  ADX isn’t so great, so we’ll need to see a move out of this triangle to get me interested.

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