Stocks in Play for September 15 (JASO, SOL, STP, THQI)

ReneSola Ltd. (SOL) made a strong upside reversal today and looks like it wants to make a run to new 52-week highs. Watch the stock closely on Wednesday, and once it breaks through $10.26, get ready to enter the trade. The technical chart below shows a continuation of the uptrend. MACD and RSI are bullish, although RSI suggests an over-bought condition. SOL can be a volatile stock, so be careful with your share size.

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JA Solar Holdings Co., Ltd. (JASO) – After making a big move the past few days, JASO is now consolidating. The stock wants to move higher and this could happen very soon. I’m a buyer of JASO once it breaks $7.49. There is a chance the stock will consolidate for another day or so, but watch it closely on wednesday in case it breaks early.

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THQ Inc. (THQI) – It seems that all bad news has been fully priced into this stock. Company had a miserable sales warning Monday evening, but despite the lower guidance, the stock didn’t react much to the news, this means that the stock is about to start its journey up. If THQI can break through $3.77, we should see strong volume drive the stock higher. You need to watch the stock closely because it could break resistance very soon.

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The stock continues to sit in a consolidation range. At some point, Suntech Power Holdings Co., Ltd. (STP) will breakout and I want to be there for this move. Resistance stays at $9.19. Fresh long should be made only when the stock closes above this level with an up candle.

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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don’t consider buying or selling any stock without conducting your own due diligence.

About Antonio Costa 324 Articles

Antonio Costa is a 35 year old part-time trader who trade stocks in the US market.

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