Price Target: 60.20
This week might be a deciding factor on the future of FSLR . This stock is currently just over the S1 and the 54% fib line. From December 5 to December 12 the stock tanked 12% on lowering . This shows that everyday there was less selling pressure which gives us a sign. After these days the stock has begun to go up again on increasing . The price is just under the 50 which served in June and July as a . The stock has to cross over this to continue its uptrend. My stop-loss is just under this 54% fib line and my price-target is at the . There is a great deal of sentiment going around the social networks(twitter and stocktwits). I am long this stock for the short-term. There is a possibility that I am also for the long-term but I still need confirmation.
Check out the full article tomorrow at http://fonzotrader.com