Friday, October 25, 2013

Canadian Solar - buy signals

Yesterday I added Canadian Solar (CSIQ) to the Barchart Van Meerten New High portfolio for positive price momentum and technical indicators:


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 53.49% in the last month
  • Relative Strength Index 70.68%
  • Barchart computes a technical support level at 23.94
  • Recently traded at 23.36 with a 50 day moving average of 16.46


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