I like it yes, but it isn't quite there yet. It is just tickling the break down. It has definitely triggered a buy on my system. So now it has entered my radar, I am just looking for the exhaustion move. This will be characterised by a big down day move (3%-4%) below support. That is when I buy. I tend to trade like a value investor. Relatively strong stocks that are in selloff - i.e. buy the dips.
the important criteria is relative strength. The stock has to be trading at an alpha to the market - i.e. outpacing the general market. My other hard and fast rule is the 20% pullback level. Stocks with momentum shouldn't be trading more then 20% off their highs. SOL doesn't fit my criteria - because it is basically sideways to down on a wider scale. Not to say SOL isn't a buy (it looks more like a range bound trade) - but it does't fit in my system. So in a nutshell (1 - Relative strength to the TOPI, 2) within 20% of its yearly highs, 3) on a pullback (I use stochastic below 20%, but this is arbitrary, any pullback will do) 4) no reaction to bad news - negates the trade and 5) a 10% stop loss. anything less is pure random. Sit and wait half a year for at least a 30% gain, or exit if it no longer outperforms the market.