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IvanLabrie

FSLR: Aggressive long...long term implications

Long
First Solar, Inc. (NASDAQ:FSLR)  
IvanLabrie Updated   
NASDAQ:FSLR   First Solar, Inc.
Trend Analysis Chart Patterns Beyond Technical Analysis FSLR solar timeatmode rgmov keyhiddenlevels Fundamental Analysis taxlaw
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trendanalysis chartpattern beyondta fslr solar timeatmode rgmov keyhiddenlevels fundamental taxlaw
I like $FSLR here, I've been buying gradually for the last few days, but looking to also take a shorter term position here. It might be a good spot to buy long term OTM calls, but you can also go long with a tight stop if today we see a new daily high. If you are not positioned and looking for exposure to solar, then a 1-10% long term position built gradually during a few days up to a month would be ideal for you. Long term, the chart implies we could go to $400 without much problems.

A reminder of why solar is so bullish here: www.greentechmedia.c...-solar-installations

Best of luck,

Ivan Labrie.
Comment:
#FSLR appears to have bottomed, should be safe to hodl
snapshot
Comment:
#FSLR could base here until earnings, but if it breaks up next week it has upside to 57.74 rather quickly
snapshot
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