Friday, January 27, 2012 10:47:15 AM
WEST (Westinghouse Solar) should be on your radar screen - http://www.westinghousesolar.com/
I really like this stock for long term possibilities. Currently trading around $0.70, the stock is forming a V-bottom formation and I expect it to ultimately rise above $1.20 and support there. Then after a consolidation period I believe it will rise more slowly to $2.50. If the price breaks $2.50 and supports there, the sky is the limit for this one. I'm expect a price correction to perhaps $0.62 (maybe even as low as $0.54) but, if it does not come, it won't surprise me. V-bottom formations often have a mind of there own
WEST - Weekly Candlesticks
WEST - Daily Candlesticks
I really like this stock for long term possibilities. Currently trading around $0.70, the stock is forming a V-bottom formation and I expect it to ultimately rise above $1.20 and support there. Then after a consolidation period I believe it will rise more slowly to $2.50. If the price breaks $2.50 and supports there, the sky is the limit for this one. I'm expect a price correction to perhaps $0.62 (maybe even as low as $0.54) but, if it does not come, it won't surprise me. V-bottom formations often have a mind of there own
WEST - Weekly Candlesticks
WEST - Daily Candlesticks
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