NASDAQ:FSLR   FIRST SOLAR INC
281 4 7
Interesting look. Could be flagging now - 50dma changing slope.
I think Bullish, this is a rounding bottom as Charlles Dow called it. Perhaps an up move rather than a down but hope I am wrong if you traded to the downside.
Reply
KLang PRO TradersClub
Yes, I'm aware it's a rounding bottom - that's why I drew it :) It is not, however confirmed. Also, right or wrong, solars are trading with energy. If USO has not formed a proper bottom and goes down, solars will very likely take a hit as well.
+1 Reply
Saw your other idea on AMZN I have a long position on this from the wedge breakout. Hopefully keeps going. Indeed this is a terrible time for energy.
Reply
Agree..:) looks like cup formation...ready to make a handle i guess to 46.50 area..:)
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out