Satuki @ Home

Here are 2 ideas on the bull side.  One is STP and the other is TSL.  Both of them are leading the solar sector.  Here is a post I wrote about how to identify sector leaders.  Solar is definitely a hot sector that boasts advanced technology and alternative energies.  A hot sector normally has a lot of stories behind it and stories are catalysts for people’s speculation, which is the only thing that drives a stock up or down. 

STP and TSL are not only solar stocks but also Chinese stocks.  As I wrote in this post , STP had some potential even if it was a bit distressed back then, which stood around 13 dollars.  I still think it has more room to move up.   TSL is even stronger than STP.   As we can see from their daily charts below, they are in a very nice uptrend. 

TSL (Click on the image to have a better view)

STP

Since I am a short term trader, I can not give you a target price in a few months or even longer.  I would get out if they have a move of 15-20% from here. Of course, use whatever risk control means you see fit to protect your trading stake. Remember not to average down on any of your losers. If anyone tells you to do so, avoid him like a plague.