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TSL CHART

By Brett Goldstein on Apr 30, 2007

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Here is a Chart of TSL. I started to buy some shares at the end of the day. There seems to be some support around $50. The previous highs and the trend line mark this price. It has come down about $20 in the last week or so. The RSI is hitting 50 and this stock seems to bounce right off of it. I know this is scary when stocks drop so much especially if you are in it alot higher but look at all the great stocks, they all have to go down before going back up. Also I want to remind everyone about the saying “In may, go away”. I would def trim up some positions and keep the gains in some stocks.

Keep an eye on GROW, JSDA, RIMM(short). I still have my SMSI and since earnings are WED, I will probably hedge a few $15 puts for about 50.    Good Luck everyone

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This entry was posted on Monday, April 30th, 2007 at 5:16 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.


4 Responses to “TSL CHART”


By Johns Wu on April 30th, 2007 at 6:11 pm

i am liking TSL at this price also, with a hard stoploss below $50

By cl on April 30th, 2007 at 8:04 pm

Thank you for the chart. Do you care to do a chart on FSLR? i think FSLR is ready to bounce as well?

By Brad on May 1st, 2007 at 11:42 pm

TSL looked like it was forming a base today on the minutes. A lot of cups and sideways trading on heavy volume.

By CL on May 2nd, 2007 at 2:09 pm

Great rebound today. Hope it’ll move back to the $60 range once again.

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