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Renesola - want to see huge growth ? Look no further !! (SOLA)     

whatuwant - 21 Aug 2006 13:28

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

Chart.aspx?Provider=EODIntra&Code=SOLA&S

goldfinger - 19 Dec 2007 03:06 - 2094 of 3050

Dil, your a brave man.

cynic - 19 Dec 2007 07:03 - 2095 of 3050

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

kitosdad - 19 Dec 2007 08:06 - 2096 of 3050

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

Greyhound - 19 Dec 2007 09:07 - 2097 of 3050

Breaking nicely, next test Oct highs.

cynic - 19 Dec 2007 09:20 - 2098 of 3050

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

cynic - 19 Dec 2007 15:27 - 2099 of 3050

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

cynic - 20 Dec 2007 09:41 - 2100 of 3050

touch and go .... see above

ptholden - 20 Dec 2007 11:57 - 2101 of 3050

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

goldfinger - 20 Dec 2007 11:59 - 2102 of 3050

Back in profit with my recent short.

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

cynic - 20 Dec 2007 12:19 - 2103 of 3050

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

Dil - 21 Dec 2007 09:35 - 2104 of 3050

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

Have a good one all.

goldfinger - 21 Dec 2007 10:05 - 2105 of 3050

Happy xmas to you Dil and all the lads.

May it be a prosperous new year for all.

cynic - 21 Dec 2007 16:51 - 2106 of 3050

glad i am not short!

ptholden - 21 Dec 2007 19:08 - 2107 of 3050

<a href=Photobucket

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?). :))

goldfinger - 22 Dec 2007 03:28 - 2108 of 3050

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.

cynic - 22 Dec 2007 16:29 - 2109 of 3050

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

goldfinger - 23 Dec 2007 09:23 - 2110 of 3050

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.

oilyrag - 24 Dec 2007 07:32 - 2111 of 3050

Merry xmas and happy new year everyone.

Greyhound - 24 Dec 2007 09:42 - 2112 of 3050

Nice gains again, looks pretty robust for eeking higher to me.

cynic - 29 Dec 2007 14:09 - 2113 of 3050

see post 2085 ..... expect a strong support to form shortly at around 420 where 25+50+200 dma will coincide
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