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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

hlyeo98 - 22 Jun 2009 20:05 - 2868 of 3050

There is hardly any support at 160p,

I think it will go to 120-130p range most likely.

cynic - 22 Jun 2009 20:21 - 2869 of 3050

is that so ......

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

hlyeo98 - 22 Jun 2009 20:26 - 2870 of 3050

Definitely, 120-130p most likely.

By the way, what is that mysterious 'black line' that begins at 350p at the end of 2008???

cynic - 22 Jun 2009 20:53 - 2871 of 3050

200 dma .... red = 25 dma and green = 50 dma

HARRYCAT - 22 Jun 2009 21:50 - 2872 of 3050

I'm afraid I am with the 130/140 brigade.
SOL:US down 14.4% today, so I wouldn't be surprised to see it break through the 200 DMA for SOLA.

sivad - 24 Jun 2009 16:30 - 2873 of 3050

What do you think now Harry?

With Sola you can never ever underestimate its ability to defy charts.

Today again is a perfect example.

HARRYCAT - 24 Jun 2009 17:12 - 2874 of 3050

Ever decreasing peaks. If I were a spreadbetter I would still be short, but with a tight stop.

hlyeo98 - 24 Jun 2009 17:20 - 2875 of 3050

Nothing goes down or up in a straight line. I agree with Harry, SOLA will move down tomorrow.

cynic - 24 Jun 2009 21:15 - 2876 of 3050

maybe though today i see sp has reacted much as i thought it might and posted

sivad - 25 Jun 2009 10:07 - 2877 of 3050

Sola will continue to move up over the long term.
Its a quality stock run by top people well versed in the solar field.

This could be 6 in a matter of weeks.

Last year it rose from mid 2 to 6 in a very short space of time.

HARRYCAT - 25 Jun 2009 10:17 - 2878 of 3050

You may well be right, but many on this board just trade the stock. Long term investment in chinese companies is not without it's risks. The graph is also one of the easiest to read, so in troubled times, locking in weekly profit (hopefully) has it's attractions.

HARRYCAT - 02 Jul 2009 09:14 - 2879 of 3050

Sideways trading at the moment, but will be interesting to see what happens when the 200 DMA turns upwards. Would still be short at the moment though.

sivad - 02 Jul 2009 09:53 - 2880 of 3050

Disagree harry-I will be going long again-always back against the 200DMA

hlyeo98 - 03 Jul 2009 08:04 - 2881 of 3050

SOLA will move downwards within the next 4 weeks.

HARRYCAT - 03 Jul 2009 08:13 - 2882 of 3050

I think that comment is going to get punished, hlyeo! Brace yourself! ;o)

blackdown - 03 Jul 2009 08:14 - 2883 of 3050

I confidently predict that will go up, or maybe down, or maybe remain unchanged.

hlyeo98 - 03 Jul 2009 08:20 - 2884 of 3050

We will see, Harry.

HARRYCAT - 07 Jul 2009 11:16 - 2885 of 3050

Approaching the 200 DMA. Looking for a nice bounce up from 140/145p level.
(I think you got off lightly there, hlyeo! ;o) )
Chart.aspx?Provider=EODIntra&Code=SOLA&S

hlyeo98 - 07 Jul 2009 11:51 - 2886 of 3050

Shorted from 205p so I'm not that jittery, now 157p, Harry.

sivad - 07 Jul 2009 11:54 - 2887 of 3050

hlyeo -have look at the below-dont get caught short when the Big Boys are opening call positions.

"ReneSola Ltd. Targeted by a Ratio Calendar Spread
7/6/2009 2:31 PM

Keywords: SOL
Solar wafer manufacturer ReneSola Ltd. (SOL: sentiment, chart, options) has been targeted by a sizable calendar spread today. At about 1:41 Eastern time, a block of 14,888 SOL calls changed hands on the American Stock Exchange (AMEX) at the July 7.50 strike for the bid price of $0.05. Simultaneously, two blocks totaling 7,733 contracts traded on SOL's August 7.50 strike for the ask price of $0.35.

The result is a ratio calendar spread on SOL, with a total outlay of $196,215. The maximum return on this position is realized if SOL rallies to the seven level by the time the options expire on July 17. Overall, this is a pretty bullish bet on SOL, as the shares are currently trading just south of $5 per share.
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