Gammapips
Long

FSLR LONGTERM Long

NASDAQ:FSLR   FIRST SOLAR INC
FSLR             has broken out of the long downward trend and is now correcting.
snapshot


Weekly Divergence + .618 key fib level
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Daily Resistance zone Level + 1.27 Fib extension of last impulse
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4hr divergence.
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Contracting wave correction about to finish.

This stock could go lower to the .707, but it is at an interesting point and is worth keeping an eye on. I would personally wait for it to break out of the 4hr downtrend instead of trying to catch the bottom.

Apple             signed a 25 year 850 million contract in feb 2015
http://www.forbes.com/sites/maggiemcgrath/2015/02/10/first-solar-jumps-on-850-million-investment-from-apple/#1c7c9eb12581

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EXCAVO about FSLR 2 6 months ago
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