PPR - Yingli Green Energy Holding Co. (YGE) Flashing a Rare 200-dma Pocket Pivot

Published : September 29 2010 at 14:08 ET

We note strong action in all the solars today, but one that caught our eye as being buyable (we note that Trina Solar Ltd. (TSL) is breaking out today as a buyable situation as well) is this rare 200-day moving average "bottom-fishing" pocket pivot we see in Yingli Green Energy Holding Co. (YGE), shown below on a daily chart. We would expect this to hold the 200-day moving average at the 12.15 price level.

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