Friday, April 13, 2007

SOLF Showed Strength

The market actually rallied into the close today and gained 11 points. That's a positive sign heading into the weekend, should have a strong week next week. Unfortunately my MEDI pick barely gained today, but SOLF showed the strength I was expecting. It didn't quite hit my target price of $13.60 but it did touch $13.45 in early trading. My trade recommendation would have produced a 5% gain, not bad. SOLF did sell off towards the end of the day but it should continue to trend higher next week with the hot solar sector. Volume has slowed somewhat on DNDN and NUVO but they're holding in this range nicely. In fact, NUVO made a move up today showing signs of strength.

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