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Tuesday, November 26, 2013

SolarCity (SCTY) Stock Analysis 11/27/13 November 27, 2013

SolarCity (SCTY) Stock Analysis 11/27/13 November 27, 2013

 
 

SolarCity (SCTY) stock spiked from the $42's to the $46's on Tuesday.  Shares seem to have finally hit a short term bottom but $42.38 is critical going forward.  SCTY already hit my 2014 Price Target and now the stock can easily drop to $40 or lower.  I think SCTY is a strong buy in the $30's.  Resistance is located up at $51.

Also see - Top Stocks 2014 - Top Stock Gainers 2013