Possible bounce here
Hopefully everyone enjoyed the long weekend.
After looking at some charts, we maybe due for a bounce here.
Some names to keep an eye on the long side:
- AMSC - recent high volume surge followed by a lower volume consolidation
- BIDZ - recent break out of a bowl type pattern & is now backtesting that break out. I think BIDZ can hit ~15
- CLR - recent high volume surge followed by a lower volume consolidation
- CPHD - possible inverted H&S forming here
- NEU looks to have stabilized on the downside and could start to push higher here
- Also keep an eye on the solar names, esp LDK, SOLF & CSIQ as they appear to want to move higher. SOLF & CSIQ may still be in a consolidation mode. Look for volume to start picking back up as an indication
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