3 Solar Stocks That Are Melting Away

This green-energy sector is once again under selling pressure

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3 Solar Stocks That Are Melting Away

Solar Stocks to Sell: Trina Solar (TSL)

020414TSL 300x247 3 Solar Stocks That Are Melting Away
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Trina Solar (TSL) is an integrated solar-power productions manufacturer out of China that provides both mono- and multicrystalline ingots, wagers, cells and related items.

Trina Solar is being impacted by a move by the U.S. Department of Commerce to initiate an anti-dumping investigation. A ruling by the U.S. International Trade Commission on whether to continue with a full-on investigation is due Feb. 14. If it is determined that the Chinese are hurting U.S. producers, a decision on subsidies and dumping will follow.

TSL stock dropped back below its 50-day moving average on Monday and are initiating a downtrend for the first time since November. A test of the December lows would be worth a 17% decline from here.

I’ve added a short position in TSL stock to my Edge Letter Sample Portfolio.


Article printed from InvestorPlace Media, http://investorplace.com/2014/02/3-solar-stocks-melting/.

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