View: CSIQ_Weekly_Feb042015.jpg

CSIQ_Weekly_Feb042015.jpg

UPDATE to Jan. 26, 2015 post: http://slopeofhope.com/socialtrade/recent/17893 

CSIQ broke above both the $21.50 and $25.50 prior resistance areas, as /cl spiked above $54. 

As of 12:55 p.m. est, CSIQ is selling off with oil. 

As I did not expect this much of a break above the $25.50 resistance area, I'm willing to sit and watch price action develop this week. 

Those more aggressive may wish to look at options strategies which work in IV Ranks beneath 50.

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