Issued: 02/04/2015
Solar city, SCTY:
1. During the week of Jan. 12 we noted that SolarCity would be in a ‘Buy’ position upon a weekly close above $47.50. Both the week of Jan.12 and the week of Jan. 20 closed above $47.50 indicating new long entry for a forecast advance and test/attempt at $52/$53 into the week of Feb. 2 (+/-1 week).
2. On Mon., Feb. 2 Solar city completed the forecast $52/$53 upside target due the week of Feb. 2 (today’s session high, $53.80).
3. Initial long position exit was taken at/near $52.00, and at $52.72.
4. Any final long position should be exited at current prices (current price, $53.37). This completes the trade. Will message any further entry or indication in Solar City.
David Williams
Issued: 01/27/2015
Solar city:
1. During the week of Jan. 12 we noted that SolarCity would be in a ‘Buy’ position upon a weekly close above $47.50. Both the week of Jan.12 and the week of Jan. 20 closed above $47.50 indicating new long entry for a forecast advance and test/attempt at $52/$53 into the week of Feb. 2 (+/-1 week).
2. It was also noted in today’s session that SolarCity could be bought at current prices (current price $50.10).
3. Initial long position exit should be taken at/near $52.00. Further exit will be messaged in a subsequent update.
4. Protective sell stop should be placed at $47.50. The stop will be moved higher as the market continues to confirm.
David Williams
Issued: 02/02/2015
Solar city, SCTY:
1. During the week of Jan. 12 we noted that SolarCity would be in a ‘Buy’ position upon a weekly close above $47.50. Both the week of Jan.12 and the week of Jan. 20 closed above $47.50 indicating new long entry for a forecast advance and test/attempt at $52/$53 into the week of Feb. 2 (+/-1 week).
2. Today (Mon., Feb. 2) Solar city completed the forecast $52/$53 upside target due the week of Feb. 2 (today’s session high, $53.80).
3. Initial long position exit was taken at/near $52.00, noted in our previous report. Further exit should be taken at current prices (current price, $52.72).
4. Protective sell stop should be raised to $50.70. This stop will be moved higher as the market continues to confirm.
David Williams