peterbokma

FSLR-SELL+++

Short
NASDAQ:FSLR   First Solar, Inc.
We are preparing for a large fall on this stock. We have a negative RSI (RSI below the RSI-MA) and we are extremely over bought

The strategy is SELL @ 115.00-119.00 and take profit on first objective 98.50 (FIB) and then re-sell once again higher levels. Ultimately we will see 91.20 > 83.75.

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