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YINGLI GREEN ENERGY HLDGS
(YGE-NYSE):
Technical Viewpoint: From a low
of $22.50 on Nov 21, 2007 prices
rallied, reaching a
high of $34.88
on Dec 10, 2007. A
decline saw prices pull back, reaching a
low of
$29.35 on Dec 11, 2007.
Another rally saw prices penetrate
resistance, closing 12/14/07
at $35.95. Technicals: MACD Index (MACD): A Buy Alert!
was given on Dec 5, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $31.00. Resistance: Is at $37.35.
Point & Figure: Reversed to the upside on Dec 12, 2007. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! YINGLI GREEN ENERGY HLDGS
(YGE-NYSE) @ $36.38 Stop: Use a protective stop of $34.38.
YINGLI GREEN ENERGY HLDGS is currently trading @ $35.95 plus $3.79 on Dec 14, 2007. Price Objective:
$45.00. Risk/Reward: $2.00 VS. $8.62. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$45.00
Risk/Reward:
$2.00 VS. $8.62
Risk/Reward Ratio:
4:1
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