Long Entry for CSIQ: Next Wedge Confirmed?

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Canadian Solar Inc. (NASDAQ:CSIQ)

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NASDAQ:CSIQ Canadian Solar Inc.

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Right now for the next wedge target, I think that CSIQ is a long entry. It looks like it is finally going to gain some positive support levels and have a reversal of the recent bearishness. I think it is ready for the next wedge, and that a $38 PT target is feasible. That being said, please proceed with caution. Do your own due diligence and invest at your own risk.

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Currently price is at $23.66, I think bottom may be at $23.50, but keeping a close watch either way. Do your own due diligence and proceed with caution.