ESLR Resistance Pivot
By Johns Wu on Jul 06, 2006
ESLR, Evergreen Solar Inc., is trying to breakout above a resistance at $13. Looks a bit like an ascending triangle stock chart setup.
ESLR is a solar stock, and the alternative energy sector tends to heat up when oil gets pricey. With oil trying to breakout above $75, it would be a good idea to keep this stock on your watchlist for a momentum trade.
This entry was posted on Thursday, July 6th, 2006 at 10:33 pm and is filed under Annotated Analysis.
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