Saw someone on BNN discussing the large short position on FSLR. The solar plays are beat up even worse than the PMs, and the heavy short position is begging for a short squeeze. FSLR had already jumped, so I bought ENER on Friday.
Ugly chart, but - potential double bottom with positive MACD & RSI divergence. At least looks good for a nice little bounce. With an obvious stop just under 7, I think it's a good risk reward setup.
Any opinions?