Sunday, March 7, 2010

On the Radar

The stocks on the radar for this week are stocks in the solar sector. As the price of oil continues to move higher solar stocks will follow but oil will have to break above resistance at $83.95. The oil index ended the week trading at $81.50 up $1.84 or +2.31%. The stocks to keep a close eye on for a possible move to the upside are (SWI) Solar Winds, (STP) Suntech Power Holdings, (CSUN) China Sun Energy, (LDK) LDK Solar, (SOLF) Solarfun, (AKNS) Akeena Sola, (RSOL) Real Good Solar, (FSLR) First Solar, INC., (YGE) Yingli Energy and (SPWRA) Sun Power Corp. to name a few.

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