SOL/N trade ideas
$SOL ReneSola Ltd. Upside Target ReneSola Ltd. engages in the manufacture of solar wafers and modules. It operates through the following segments: Wafer, Cell and Module, and Solar Power Projects. The Wafer segment includes manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The Cell and Module segment involves in the manufacture and sale of PV cells and modules. The Solar Power Projects segment offers solar power project development, EPC services, and electricity. The company was founded on March 17, 2006 and is headquartered in Putuo District, China.
Alert set for Breakout in Renesola Ltd ReneSola Ltd. engages in the manufacture of solar wafers and modules. It operates through the following segments: Wafer, Cell and Module, and Solar Power Projects. The Wafer segment includes manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The Cell and Module segment involves in the manufacture and sale of PV cells and modules. The Solar Power Projects segment offers solar power project development, EPC services, and electricity. The company was founded on March 17, 2006 and is headquartered in Putuo District, China.
Reversal with accumulation stage - Renesola, Jumei & PershingStrength in the chart:
1. Pershing Gold (PGLC.Nasdaq)
a. Changes in trend with high volume
b. At accumulation stage
2. Jumei (JMEI.NYSE)
a. Confirmation on accumulation stage
b. 2nd Breakout and forming pullback
3. Renesola (SOL.NYSE)
a. Confirmation on accumulation
b. High volume upbars
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