CSIQ: Ready To Burn Out

Canadian Solar Inc. (NASDAQ:CSIQ) has run into a major double top from 2010. This is a classic swing trade short as a pull back is now expected. The stock has run from $1.95 to $33.25 in less than a year. This is an epic move of 1600%. A likely pull back target would be $26.00.

Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com