Trina Solar has been receiving solid support at $26 and looks poised to attempt a run at the $32 52-week high and the $35 all-time high. Today's Put / Call ratio for TSL was an astounding 0.24, meaning there were 4.11 calls traded for each put.
Rene Sola (SOL) is right at resistance levels and 52-week high, so any upward move is blue sky for this international solar energy leader with 22.9% sequential quarterly earnings growth (2010 Q2 over 2010 Q1).
Here are some PV solar and other green energy stocks showing decent momentum in recent weeks:
Rene Sola Ltd ADR SOL $11.21 (3.50 - 11.37)
Trina Solar TSL $26.63 (14.39 - 31.18)
First Solar FSLR $143.55 (98.71 - 163.32)
JA Solar JASO $7.89 (3.57 - 8.16)
GT Solar SOLR $7,82 (4.51 - 8.80)
* Investing in individual equity securities is for high risk, longterm investors. Medium risk investors are advised to consider owning several top green energy funds, as part of the equity portion of your overall investment portfolio.
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