FSLR , SCTY and CSIQ (not shown)

For more info please review previous blogs. Looking at this trio of solar companies it sure looks like the tide is going out again. Here are two charts;

fslr mar 29 2014scty mar 29 2014

We chose these two because they both sport a very distinct “wedge” formation. In both cases there is some overlap and in the case of SCTY the lower trend line is already broken decisively. On the first chart we think we are looking at a C wave whereas on the second chart it is a 5th. CSIQ is simple overbought. All three are a sell.