Stop your whining. You must be losing your #$%$ off on this trade. Barclays is not
manipulating this stock. It all has to do with the price of oil & the hedging. On the other hand,
CSIQ has good fundamentals & It's oversold! I will start accumulating in the seventeen dollar
range for the next ride up.
No matter how many charts I read & study It's hard to predict
market action on a timely and consistent basis. Instead, I prefer
to be aligned with the "Trend". And currently that trend is "UP".
Currently, the market is in a strong rally mode, (thanks to Draghi
and Yellen), because It continues to worship easy money. With the underlying strength of the market, I'm looking for the S&P to eventually reach the 2120-2135 level at which time I will evaluate again. If It can't break above that level, I will start accumulating "SPXS".
Right now, I'm looking for the "pullbacks" to re-load on the long side.
The only "short" I got going is "VRX"
Even thou the market is "overbought", It's "Bias to the upside". The next resistance level for the is S&P 2120-2135. Right now, I'm expecting a minor correction, before we continue higher. The Fed just added some "steroids" to the market. Be careful!!!