jon.lee.317
Long

FSLR ... triangle in the making?

NASDAQ:FSLR   FIRST SOLAR INC
104 1 0
possible descending triangle pattern.

perhaps long tomorrow and target resistance line.

possible stop placement below today's (2014.04.03) LOD.
However, another way to look is that the 20 ema is about $66. So, it might have potential to go down to that point. If we create a line parallel to the resistance and use it as support (looking like a bull flag), it also looks like it can go down to about $66.

So, what I think is if it goes down tomorrow. Don't buy until around 20 ema then we might be safe. :)
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