I did grab 1/2 position in TSL at $ 47.09
See chart I posted earlier
Monday, August 20, 2007
TSL
Posted by Fp80 at 8/20/2007 10:05:00 AM 0 comments
Labels: TSL
Dipping toes in the waters
One stock that I will add to the list of watch list plays this morning is Trina Solar (TSL).
If TSL can move above last Thursday's drop point of $47 then I would be willing to dip my toes in this company. But only 1/2 position at first.
See chart for buy points and stop loss point.
In pre market TSL is gaping up on low volume. So I would wait a little while to see how it plays out first before jumping on board. The goal of this play is a swing trade with goal of 15% gain if the markets don't suffer any more seizures. No need to chase this if it runs. I would prefer no chasing in this market environment. (you should never chase a stock but even more so in this questionable market).
Posted by Fp80 at 8/20/2007 08:54:00 AM 0 comments
Labels: TSL
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