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

17th Feb 2012 – It is night time in Canada.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	3.58				Profit	3 months 8 days

 

Reason for Buy / Sell / Short / Cover:

 

1. Solar sectors have been dropping pretty heavily for the past few days.
2. ENER actually has a good chart but surprise to see it at Chapter 11.
3. Intraday chart yesterday night show a good strong start, but die off in just about an hour.
4. Daily chart shows that price has broken down through the 20MA line and now start to go below the up trend line.
5. Weekly chart shows a bearish Harami candle formation.

 

Lesson Learnt:

 

1. I should have sold it few days back.           ;-)
2. Quarter earning announcement should be quite close already. I think it is better to keep away from them first until after announcement.

 

Intraday Chart

Historical Chart

7th Feb 2012 – Pattern Study – CSIQ is testing your IQ.

Ticker:

 

1. CSIQ

 

Topic:

 

1. CSIQ is testing your IQ

 

Lesson Learnt:

 

1. CSIQ is now testing its main long term down trend line. Where is it going to head to?

2. If it breaks the trend line and rally upwards, it will go up pretty fast.
3. If it don't, well, I could be burnt alive!

4. So question now is, whose IQ is the highest?            :-)

 

Intraday Chart

-NA-

Historical Chart

09th Nov 2011–The Sun is brighter in Canada.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
3.05				2.86

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Intraday chart shows that multiple day multiple bottom is formed.
2. Daily chart shows that multiple bottom formed for about 1 and a half month.
3. Long term weekly chart shows tripple bottom formed within 3 plus years.
4. Long term monthly chart shows that it has came back to the lowest point of March 2009.

 

Lesson Learnt:

 

1. This is a dangerous and tough trade. Start small.
2. Earning might be on the way, watch out!

 

Intraday Chart

Historical Chart