Trina Solar (TSL) and LDK Solar (LDK) chart update

LDK and TSL both are selling off today, TSL is sitting on 50% retracement level of July-Dec rally, LDK is sitting on 62.8% retracement level of July-Dec rally.  The sell-off recently was sparked by Italy's withdrawing subsidy impacting the industry's fundamentals.  Are investors over-reacting?  Are the worst news already priced in?  If these levels will hold, then yes, otherwise no, we will find out in next few days.

TSL

LDK