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Trade-Ideas: Canadian Solar (CSIQ) Is Today's "Barbarian At The Gate" Stock

Trade-Ideas LLC identified Canadian Solar ( CSIQ) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Canadian Solar as such a stock due to the following factors:

  • CSIQ has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $26.8 million.
  • CSIQ has traded 3.0 million shares today.
  • CSIQ traded in a range 212.4% of the normal price range with a price range of $1.15.
  • CSIQ traded above its daily...