Wednesday, December 8, 2010

C and SOLR breakouts

Today we continued to pick up Jan 13 4.5 Calls on C.  These are both for investment and for trades as C approaches the 5$ mark.  Five is the key to intsitutional buying and most fund managers aren't holding when compared to its financial competitors.  Now that the US does not ow them a reverse stock-split would do the trick along with the continued rise on huge volume.

GT Solar is up over 60% since we mentioned in an earlier post, here is the daily chart since we mentioned, we picked on the lowest candle stick... 



It is approaching an overbought territory and we would pick up on any broad-market sell-off with a 6.75 stop.

Happy trading...

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