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Yingli Green Energy Holding Co Ltd. ADR YGEHY

Technology Semiconductors
Yingli Green Energy Holding Co Ltd along with its subsidiaries is engaged in the design, development, marketing, manufacturing, installation, and sale of photovoltaic products in China and overseas market. Its products and services include the manufacture of polysilicon ingots and wafers, PV cells, PV modules, and integrated PV systems and the development and operation of solar projects. Geographically, it derives majority revenue from PRC and also has an operation in HK SAR, Macau and Taiwan, U


OTCPK:YGEHY - Post by User

Yingli Green Energy Holding Co Ltd. ADR
Bullboard Posts
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Post by bearskoon Feb 26, 2008 10:37am
668 Views
Post# 14545930

Tecnical

TecnicalWell I don't know about you guys, but technicals indicate very bearish signs.

- The RSI (Relative Strength Index) has been steady bellow 50 for 2 months.
- the signal line crossed bellow the  MACD at -2.

On the positive sign there has been support for it at around $17, if it hits it again there could be trend reversal.

Besides that there are two Polysilicon supply agreements with DC, which is a reasonably good sign.

So I don't really suggest buying at the moment because the bad new is outweighing the good, and also it's very volatile so invest at you own risk.
Bullboard Posts
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