Trade Idea - ESLR
Monday, January 07, 2008
( Yesterday close ) Chart courtesy of stockchartsEvergreen Solar shares are trading very well today, after ThinkEquity raised its price target to $30 from $20. Stock has been trading in a strong Bull Market only stopped in recent days, due to the Sell-off occurred in overall stocks. Even with this contrariety, stock still moving nicely nears all time highs, with all indicators in Bullish areas. At this moment it would be very important for stock maintain its share price above $17 to give a new hope for Bulls to test the highs, so keep an eye on ESLR.
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.
Labels: ESLR
