📌 FIRST SOLAR has a compelling 25% gross margin for the last four quarters. Solar industry will likely experience a lot of growth throughout the 2020s. Upside in First Solar actually started from its recent earnings report. It was impressive to see it gain almost 30% from near $60 per share. Based on technically aanlysis what can seeis only to exepct higher bullish continuation in next periods.
💡 FSLR technically based idea, we can see price is BREAK first SUPP zone, technically indicators showing we can expect higher bullish continuation, based on technically readings expecting to see higher bullish continuation till targets marked on chart.
📌About First Solar: engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules.
📌Interesting news/things: First Solar Stock is a Tier 1 U.S. Solar Play
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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