The solar stocks remained strong today despite the down market. FSLR and TSL continue to lead the way and traded higher today, most likely because of the plunge in the biotech sector. If the weakness continues in biotech stocks tomorrow I expect these two to continue upward. FSLR could test $64 and TSL could push for $57. On the other hand if the biotech sector rebounds tomorrow I think the traders will move back over and FSLR should find support at $61 and $TSL at $52. BRLC was itching to push to new highs today and remained pretty strong despite market conditions. If the market is strong tomorrow and BRLC clips $8.55/share watch for BRLC to shoot towards $9 with little resistance.
Wednesday, April 11, 2007
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