you could well be right.
at end of day it may not matter , but if China is propped up with Solar loans or bonds and they are defaulting then USA solars will outperform.
right now I think it is too early to really make an educated guess.
so perhaps just profit taking but probably a good time to buy dips.
think it goes back to 7- 7.50 before the close.
I think USA solar companies are safe to invest in.
China had a default in a Solar bond or something along that line
I am sure if pressed i could find the article but no matter as i think USA solars are where the money should be at....
If i am right - this dip is a buy op for USA solars,...
Shorts will not push their luck now.
going back to 7-8
imo it will have to settle in and trade sideways for a few days - but assuming i am right it wil lsettle in low to mid 6's.
I expect PLUG to test 7.26 support 2 today
mid 6's highly possible and i will add
RGSE in one I think all should add here - but my timing may be a bit early
RGSE went up 25% yesterday and down 7% today and holding pivot point
perfect dip opportunity right now in RGSE @ 4.71
glad to see you are finally on the right side of this thing.
I agree that market makers are accumulating here.
I expect to be in double digits soon.
Yesterday's 25% move and today's slight sell off is retailers taking profit.
We are in middle of a trend up.
been a long time to wait for mkt to realize how undervalued this stock is