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Re: 3xBuBu post# 45174

Thursday, 04/30/2009 2:54:06 PM

Thursday, April 30, 2009 2:54:06 PM

Post# of 72997
FSLR has a good record of dropping after it breaks through the BB. This time, the whole candle will be above the BB. During the last year such an event happened only once and it was a good one (see vertical red line). According to Dan (Omandan) such a formation should be shorted. But, to be prudent, one should wait 1 more day. I would buy puts. Do not short the stock: Siemens (SI) might buy them!


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