Back in November there were a couple big gap up days on FSLR around 150. It's easier to see them on a six-month candlestick chart, here. I don't think they've been filled but I'm not sure it matters, if you try to be too exact you end up exactly wrong. FSLR is one of the few stocks on the board where you can ignore the advice in the post below to "Fade the Rally". The numbers for the next quarter will be impressive. But, this is for trading, NOT buy and hold.
Here's the story from the AP via Yahoo Finance, with the table to follow:
Renewable Energy Stocks Drop Despite Rate Cut, Along With Oil Prices and Major Stock Indices
...Though the price of oil and solar stocks are not directly linked, market psychology sometimes leads investors to sell off renewable shares when oil prices fall, because cheaper fossil fuels are more economically viable.
Light, sweet crude for February delivery on the New York Mercantile Exchange fell $2.77 to $87.80 a barrel in electronic trading by the afternoon in Europe. Earlier Tuesday, the contract traded as low as $86.11....MORE
AKNS AMAT ANDE ASTI AVR BIOF BTUI CSIQ CSUN CZZ D ENER ESLR FCEL FSLR HOKU JASO LDK MGPI PEIX SOLF SPWR STI STP TSL USBE VRNM VSE WFR YGE | 6.69 17.47 42.38 13.60 9.10 6.04 10.84 16.57 8.54 12.02 42.66 22.57 10.84 7.69 165.32 8.32 55.08 32.50 8.19 5.06 16.73 71.67 59.05 53.55 32.35 7.17 3.41 9.40 62.80 22.99 | -0.71 -0.55 -1.67 -1.49 -0.13 -0.35 -0.99 -1.23 -1.18 -1.57 -1.58 -1.22 -0.98 -0.50 -10.56 -1.08 -1.22 -2.94 -0.52 -0.40 -2.27 -3.08 +0.77 -3.41 -4.34 -0.52 -0.32 -0.55 -3.03 -2.14 | News News News News News News News News News News News News News News News News News News News News News News News News News News News News News News |
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