Solar stocks to watch on Friday $JASO $ENER $SOL

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Overthe last 52 weeks JASO has ranged from a low of $1.77 to a high of$6.95. Technicals have turned bullish signaling sideways to higherprices possible in the near term. Next targets for the stock are 5.33and 5.59. Only a close above $5.59 reverses the current short-termdowntrend. Let’s keep an eye on it.

SOLmade a strong upside reversal today. The technical chart above suggeststhat stock might find now resistance at $5.40. Only a close above thislevel would suggest further upside. Remain invested with a stop loss at$4.973.

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Therehas been a persistent decline in ENER since January tempered withshort-lived and unconvincing rallies. From the technical chart the longterm trend is still weak as the stock is still below 200 day movingaverage with the moving average keeps falling. ENER needs to closeabove $7.728 in order to alleviate the negative near term view.


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