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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

cynic - 27 Mar 2007 10:12 - 806 of 3050

i would not go so far as to say a fall is likely, but i would certainly keep a weather eye on that 50 dma to see if sp stalls there ..... as it is only a very little way higher, i would certainly not be a buyer at this juncture

cynic - 05 Apr 2007 12:10 - 807 of 3050

see post 735 .... the chart is looking rather poorly = 2nd or 3rd failing to break back above 25 dma .... if 470 is broken significantly then 400 is in prospect ...... must be second or third time of warning

hlyeo98 - 05 Apr 2007 12:12 - 808 of 3050

I thought u r not into china...cynic... but u r into SOLA

cynic - 05 Apr 2007 12:17 - 809 of 3050

not for several weeks but having done well from it, i watch it ...... not into Haike either!

soul traders - 05 Apr 2007 14:46 - 810 of 3050

A bit of a skid today - looks like April profit-taking?

SOLA Bid: 465p Offer: 470p Change: -19

HARRYCAT - 05 Apr 2007 16:18 - 811 of 3050

Now bid 454, Offer 460p !!!
Bit of a skid was a slight understatement. :o)

soul traders - 06 Apr 2007 10:24 - 812 of 3050

Harry, I'm making sure I make use of my British understatement now I'm back in the country :o)

Besides which, it's very easy to be sanguine about misfortune when it's happening to other people!

I assume/hope you didn't get caught?

HARRYCAT - 06 Apr 2007 14:26 - 813 of 3050

No. I still watch this one & play the bounces when I can, but will wait now to see if Cynic's forecast of a drop to 400p comes to reality. If the sp still continues to peak at 520p, then there is money to be made!

soul traders - 06 Apr 2007 16:22 - 814 of 3050

Results could be interesting when they come out.

cynic - 06 Apr 2007 17:07 - 815 of 3050

i did not exactly forecast a drop to 400 and certainly not in a straight line ..... however, insofar as charts have value, especially with such recent companies as this, i said that the below 470(?) the next support did not kick in until 400

HARRYCAT - 07 Apr 2007 09:17 - 816 of 3050

I appreciate you expressed an opinion, Cynic, not a prediction.
I realise your Guru status is still in it's infancy & therefore fallible. :o)

Solar wafers are off the menu now until after easter. This is where I boost the profits of Cadbury's, & possibly WMH with the boat race, F1, Boxing & the footy!!!

cynic - 07 Apr 2007 10:17 - 817 of 3050

Harry ..... thanks for the promotion! ..... i have never set myself up as a guru, but merely a poor purveyor of occasional common sense and amateur reader of the entrails before they are splattered all over the ground.

PapalPower - 07 Apr 2007 13:57 - 818 of 3050

Well, Ambrian have revised their price target to 455p.

Also, I hear SCSW has said take profits in both RCG and SOLA today, so you may find some pressure on the price come Tuesday open.

soul traders - 07 Apr 2007 15:03 - 819 of 3050

Interesting, PP. I was wondering if there might be a bit of downside risk at present. i have been out for a while anyway, so just watching from the sidelines.

cynic - 07 Apr 2007 15:20 - 820 of 3050

glad to hear it soul* ..... if sp comes back to 400, certain people should be eating humble pie in the corner (unlikely though it is a racing cert they will go very quiet indeed), and i may just be tempted back in

moneyplus - 08 Apr 2007 12:20 - 821 of 3050

My son is a 27 yr old officer in the Army leaving in Nov--07 and wants to go into the City. He needs to find out more about specific areas such as broking or trading so he can target his job hunting efforts. Can anyone help a bright and ambitious young man with a shadow day or advice? sorry o/t

cynic - 08 Apr 2007 16:58 - 822 of 3050

very difficult to get work experience anywhere .... IG used to but I believe they have now stopped, but if ex army may prefer a more structured company ..... as usual, it's a cse of using contacts

ptholden - 08 Apr 2007 17:14 - 823 of 3050

Interesting looking chart from a short perspective, broken strong support at 480, not much at 440, 400 is the level to keep an eye on, falls through there, may well go as low as 240. Quite a good case for a head and shoulders pattern, although slightly skewed. One to keep an eye on.

cynic - 08 Apr 2007 17:15 - 824 of 3050

nice to see someone else agreeing with my summation of this stock .... gets a bit boring being the only one to be sniped at!

ptholden - 08 Apr 2007 17:19 - 825 of 3050

I don't short very often Cynic, but from a TA perspective this stock might be a really good opportunity. Certainly think 400p is on the cards, so will cogitate whether to open a position. Can't believe anyone snipes at you anyway ;)
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