peterbokma

FSLR-SELL++++

Short
NASDAQ:FSLR   First Solar, Inc.
The false bull flag pattern has been building for a while, and yes, this stock seems to have its high ups and downs within a large range.
The current state short-term and even the medium-term case is building, for a decline short-term to $ 93-95, and little longer view, we should be seeing back towards $ 80-85.

The RSIs are extremnely high as a note and gives good reasons to support this view, with a wide BB width as well.

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