Charlestrad3r

Nearing a crucial point

Short
NASDAQ:FSLR   First Solar, Inc.
First Solar last released its quarterly earnings data on February 20th, 2020.
The solar cell manufacturer reported $2.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.87 by $0.85.
The firm earned $1.40 billion during the quarter, compared to analyst estimates of $1.86 billion

The good note: Its quarterly revenue was up 102.5% on a year-over-year basis.

Symmetrical triangle, indecision pattern, could go either way. wait for a break of support.
Moving average crossover, could imply further move down, lower support is at 26$.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.