17th July 2012 – The sun is again rising in Canada.

Ticker:

 

1. CSIQ

 

Topic:

 

1. Breaking 4 months long resistance price line.

 

Lesson Learnt:

 

1. Daily chart shows that price finally make it through the resistance line of $3.80. Price also continue to stay above all MA lines.
2. Volume is coming in.
3. Weekly chart shows that price has managed to sit on top of weekly 20MA line and now get on top of weekly 50MA line.
4. All secondary indicators at the weekly chart is indicating of more upward movement is yet to come.

 

Intraday Chart

Historical Chart