Canadian Solar (CSIQ) technical analysis March 5, 2015

It looks like the long-term stock price chart of Canadian Solar is forming a huge bullish flag which is 1 year old now. Given the fact that the trend is up in all time frames, long positions are favored. The 200-day SMA @ 28,20 offers strong support.

CSIQ daily chart (1,5 years):

csiq

Chart courtesy of http://www.StockCharts.com

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