TSL is a $1.3 billion technology company in China that designs, develops, manufactures, and sells solar modules. TSL trended higher for many months, but over the past four weeks, we've seen a sudden shift in momentum as heavy volume selling has taken TSL beneath its 50 day SMA. Over teh past 2-3 weeks, TSL has tried to recover on lesser volume and in a bearish flag pattern. A heavy volume close back above the $25.00-$25.25 level would begin to turn things more bullish. Until then, however, strength can be used to build a short position. If this flag pattern breaks to the downside (below $21.00), the measurement would be near $14.00. Because the MACD is so weak and was pointing down at the most recent price low, we'd look for the 20 day EMA to continue to provide serious resistance for the bulls.

You should consider these educational charts and analysis for possible short-term trades only. We are not registered investment advisors and the following trade setups should not be viewed as investment advice. Accordingly, please check with your financial advisor before deciding to buy or sell any of these investment securities. Read our full Disclaimer below.

Because we do not recommend holding a stock into its earnings report, please check all earnings dates on Charts of the Day stocks before making a decision on whether to consider a trade.

Invested is not an Investment Advisory firm and makes no recommendations whatsoever pertaining to the buying or selling of any stocks or other financial instruments. All information provided by Invested is for educational and informational purposes only. You should contact an investment professional before you make any purchases or sales of any financial instrument. Invested assumes no responsibility whatsoever for any losses experienced by anyone who uses its educational materials to make financial decisions. Contributors to Invested Central may take long or short positions on those stocks mentioned in this report. Refer to Terms of Use at www.investedcentral.com.