Trina Solar (TSL) NewsBite - TSL Drops After Yesterday's Gain

   Date:2011/08/31

Trina Solar opened at $15.86. So far today, the stock has hit a low of $15.49 and a high of $16.20. TSL is now trading at $15.82, down $.41 (-2.53%). Over the last 52 weeks the stock has ranged from a low of $12.51 to a high of $31.89. The stock is trading lower today after posting a gain yesterday. Technical indicators for the stock are bullish and S&P gives TSL a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on TSL the stock seems like it could be a candidate for an October out-of-the-money bear-call credit spread above the 20 range. [ABR-Seven Summits Strategic Investments NewsBite] 

Source:marketintelligencecenter

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