Here’s a link to my post last month where I stated a candle stick was formed in the markets. I believe that candle stick was the bottom.

This doesn’t mean we are out of the woods yet, as 2009 will be another tough year for the markets. There will still be many stand out stars.

The solar industry looks like it could be turning around and should show some strength in 2009 wiht Obama taking office.

Here’s a list to add to your watch list:

FSLR
SOLR
JASO
ESLR
STP
SPWR

Solarfun Power Holdings – SOLF has formed a text book hammer pattern. After a standard down trend, the bottom candle shows that buyers have come back into the markets and reversed the downtrend in one day. This candlestick is the hammer which is shown with the long tail and little body. I believe this one will see some upside here.