JASO shares very active
Thursday, October 11, 2007
( Yesterday close ) Chart courtesy of stockcharts

Shares of JA Solar Holdings are very active today after some good commentaries from Collins Stewart that Initiated with a buy stock and a price target of $60. At present time stock is trading in a range between $48 and $42, pulling back recently from all time highs, so this price target will put some pressure in shares again to retest previous highs. Overall technical picture still Bullish with share price tradin above its 50 and 200 dma, however pulling back from recent rallies. Keep an eye on JASO in the session to come for a possible breakout over $48.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 11:50 AM | Permalink


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