Aruba Networks ($ARUN)
This had a big gap down this week and looks bearish. I think we can get down to $14.60 before we see some real buyers come in. I am looking to sell any move that gets close to $20.
Citi has been rallying fairly nicely from $48, and I am looking to join. I like the two highlighted zones, namely $52.87 (slightly more aggressive) and $51.45.
Canadian Solar ($CSIQ)
The weekly chart is not all that great on this one, but the 60 minute zone is tight enough that I am willing to take a trade, considering that if it holds we are putting a large bottom here, in other words, if it holds, we have a lot of room to run.
It looks to me that last week we finally flushed the weak longs and this is ready to go. This is a good looking position trade to me.
Good looking zone here at 23.12, nothing fancy, just good zone, good RRR.
This has put in a base on the weekly chart and I really like the look of the 20.52 level for a long. Solid setup.