TSL…Nibble
By Brett Goldstein on Apr 30, 2007
This entry was posted on Monday, April 30th, 2007 at 12:56 pm and is filed under Annotated Analysis.
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3 Responses to “TSL…Nibble”
By Chris on April 30th, 2007 at 7:23 pm
Brett,
I like your trend line, but I think it could dip below it to about 49.85, right around the 50 day, which is close to a previous resistance level. Just a thought on Solar in general… BP Solar has a calculator on their web site. If you choose a solar package for your house, the calculator tells you how long it will take to recoup your investment in the solar panels and equipment. My ROI…
72 years.
I’m hoping new technology will improve this just a bit. Of course, they all say they are making solar equipment affordable, but I will believe it when I see it.
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Hi Brett, do you believe TSL is going to rebound from here? I see a good support at $48.. but I couldn’t wait and got shares at $59 today :( From looking at the chart, I don’t see it going down 3 days in a row. It usually rebounds after the 3rd day. If TSL is going to rebound, I think it’s going to go back to low $60s. We need news in the solar industry. The lack of news is just driving the sector down down down. FSLR and JASO under selling pressure as well.
Brett, could you please post a detailed analysis of a chart on TSL? TIA.