Clean Renewable Energy
Canadian Solar Earnings on the Increase
February 07 2019 - Stocks To Watch: Canadian Solar Sees RS Rating Jump To 93 By Investors Business Daily
On January 07, Canadian Solar (CSIQ) hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 93, up from 89 the day before.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against the rest of the market.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 at the beginning of a new climb.
Canadian Solar is trying to complete a cup with handle with an 18.07 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
While sales growth fell last quarter from -6% to -16%, earnings-per-share grew 395%, up from 0% in the previous report.
The company holds the No. 1 rank among its peers in the Energy-Solar industry group. Solaredge Technologies (SEDG) and Sunrun (RUN) are also among the group's highest-rated stocks.
Clean Renewable Energy Investing Resources
Investing in clean renewable energy products to generate energy for your home, business, automobile, will save you very large amounts of money over time, and make you energy independent.
More importantly you will be helping to make your local enviornment and the earth a more sustainable place to live in the future. Your children will thank you.
From investing in and installing small to large clean renewable energy systems in your home or business, to getting a job in this very high growth industry, to the distribution of the products, to investing and trading company stocks engaged in the industry, the future of clean renewable energy is now.
Below are some links to information and services that will help you to be a successful clean renewable energy user, investor and trader.
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