Trade Radar - FSLR

Suntech Power reported a wider than expected loss this morning (Reuters article) but is up in trading today with hope that spending in the sector will rebound in the next quarter an beyond.  This brings me to a stock I've traded before and is regarded as the best of breed of the bunch, FSLR.  Sitting a $88, it's had a horrendous half year, down over 49% from it's 52wk high (less than 6months ago), and down 29% for the month.  The stock is in an obvious downtrend:

 
**note:  this chart updates each day, so price will be different than the day it is posted**

I'm closely watching it because if/when we rally, this thing will take off.  It's profitable and is anticipated to grow about 20% over the next several years.  While the "trend is your friend" and this stock is obviously getting hit, it's now at the bottom of it's channel and could easily move to the 100-105 range without much resistance.    The stock hasn't touched this low since late 2008, so this is the best valuation this stock has seen in years.