antonioac
08-30-2009, 02:42 PM
Trina Solar shares are still facing resistance around 28. The technical daily chart is showing some bullish bias. On Balance Volume is increasing, indicating accumulation of shares in the market and KD line is indicating upward swing. If the surge can continue as the KD indicates, MACD may be pushed to above 0, indicating a buy. One thing I would like to point out was the unusual options activity in stock over the day. If you go out to the October 2009 options expiration contracts, you will see that nearly 5657 contracts have been traded in the Oct 09 $30 CALLS. Keep TSL on your radar......
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