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peterbokma

FSLR-SELL++++

Short
First Solar, Inc. (NASDAQ:FSLR)  
peterbokma  
NASDAQ:FSLR   First Solar, Inc.
Trend Analysis
2
0
trendanalysis
This stock is extremely overbought and it has a very clear FALSE BULL FLAG pattern. This heavily suggest a return back towards 92-94 area for correction.

Strategy is SELL current and anywhere between 110-117 and take profit @ 93.75 for now.
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