Canadian Solar Inc

CSIQ remains in a Stage 4 decline with a clear lower-high/lower-low sequence trading below declining EMAs. Medium-term bias is bearish, reinforced by an active Lower Highs & Lower Lows pattern, while short-term conditions are oversold and price is under the 9/21 EMA band, making immediate selling unfavorable. We will defer trimming into rallies toward the falling EMA zone for continuation participation.

• ↑Q1 revenue $1.1B; 2.5GW modules delivered, exceeding guidance
• ↑$1.3B U.S. CapEx to start domestic module production in July
• ↓Q1 net loss $32M from elevated costs and FX losses