peterbokma

FSLR-SELL++++

Short
NASDAQ:FSLR   First Solar, Inc.
This stock is also very overdone, and formed a gap as well. Normally, we should cover that gap, and also we can see clearly a false bull flag pattern, plus high into the BB and the price movement has been too steep as well.

RSI very overbought too. Strategy is therefore simply SELL current range 110-116 when seen and take profit @ 92.75 for now.

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