Friday, September 10, 2010

NEP, LDK, JASO

Let me start by saying I am surprised by NEP is acting since resuming trading yesterday. As can be seen from the two day 5 minute chart below, it has formed a nice base at 4.40 level. Watch out for a break of 5.
 

After suffering a small loss in it yesterday anticipating a breakout, I got back in LDK again at 8. A close above 8 will be bullish.
 

JASO - Got out at 7.42 in the morning for a little over 8% gain. Nothing wrong with the chart, but with my position in LDK, I had a little too much put in the solar sector. Watch out for a break of 7.50. 
 

Take care and good luck!

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