Ticker:
- SOLF
Topic:
- My good friend (Fang) spotted this stock.
Lesson Learnt:
- The daily chart clearly shows how insider letting go SOLF one month before the quarter result announcement. It shows how the stock gap down after touching the trend line.
- Multi-bottom was formed with low volume and then gap up with good volume to the trend line which generate a strong buy signal.
- It then retraced back to the 50MA line for a healthy consolidation and then rally again.
- This stock is still in the 1st phase of rally. Good for LONG entry.
- RSI and MACD both go above the zero line.
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