Read the latest interims.......just make sure that you are sitting down.

Looks like an inverse head and shoulders with a target of 505-510p .

brave call .... 200 dma needs to be pierced first, and with some sustained impetus

Dil, your a brave man.

with sp just nudging back through 200 dma, it will be interesting to see if that is just a tease or for real

Yes, you're brave Dil. Good luck,but I think you are going the right way.

Breaking nicely, next test Oct highs.

it has indeed, but trying to keep my itchy fingers from buying or selling anything

sp now barely holding above 200 dma .... if already holding, stay put ..... if not, do nowt

touch and go .... see above

Just having a little look at the chart; seems the latest rise has stalled once more on that long term downtrend. There's also a previous uptrend that is providing additional resistance, so on the face of it, would not appear that any further highs should be expected for the moment. I'm kinda thinking a retracement to the 400p level where it would meet support from the latest uptrend. However, SOLA is becoming very difficult to call and I don't think is the trader's dream that is has been for the last year. AIMHO DYOR etc etc

pth

Back in profit with my recent short.

Looks like a lot of traders closing down before the xmas and new year breaks.

i agree Peter ...... if retrace is only to 400, risk/reward does not make it a good punt for the moment

Yeah agree pt and everything volatile xmas week ... I'm out.

Have a good one all.

Happy xmas to you Dil and all the lads.

May it be a prosperous new year for all.

glad i am not short!

Follwoing today's rise it can clearly be seen that the SP has failed (for now) to penetrate the long term downtrend; it had a go but stumbled. What is also obvious is the decreasing volumes sustaining the latest rise; makes me somewhat suspicious that a breakout is not possible in the short term.

Even if it does get through I would expect a pull back to this resistance (where it will become support) so anyone brave enough to initiate a short position may have a get out claus (get it?). :))

Yep took a hit today PT and cyners but not closing.

The volume was nothing and was just the late xmas rally.

Will fall just as quickly as it went up.

you may be right, but Wall Street boomed and First Solar, already a star performer, put on another 4/5% ..... not exactly the same line, but certainly the same sector - be careful

Cheers cyners. On reflection this weekend it is getting a bit hot with this one, and I may close out at a loss. still Im well up in general with sola and im sure 2008 is going to be a real dog of a year for the company.

A rescue funding cant be that far away now.

Merry xmas and happy new year everyone.