One solar stock to watch,CTDC

Shirley · Joined: 19 Sep 2007 Posts: 2 Location: 9720 S Eller Rd

Wowwww, CTDC profits in 2007.China Merchants Group is their largest shareholder since January 2007.

http://www.chinactdc.com/news/news-20071005.htm

http://www.cmhk.com/en/index.asp

wallstreettrader · Joined: 18 Mar 2008 Posts: 3 Location: united states

CTDC is a far cry from being a buy...yet. I would draw a resistance connecting the highest two peaks you see on the chart and drag to the right. If prices break this line on expanded volume, I would consider it, otherwise stay away. Much better looking charts and setups to trade out there, even in this sideways market. Have a look at http://www.sharesmadeeasy.com for better examples.

mike95910 · Joined: 11 Apr 2008 Posts: 2

yeah that definatly doesnt look good, check out fslr but hurry! That is the one and only solar stock i like.