Thursday, 24 December 2020
1:07 AM (WIB)
First Solar delivers an LCOE that is cost competitive with fossil fuels. First Solar technology delivers power during peak energy use smoothing costs for energy consumers against fuel-price volatility.
The Leader in Sustainable Solar Energy
First Solar provides the industry’s leading eco-efficient...
Solar industry companies are expected to benefit from Biden as President.
Tax subsidies are going to be extended to 2025 which should generate more revenues.
#FSLR is well positioned in the sector with P/E more reasonabl than of some of other players in the industry.
Iis likely to continue in wave 3 of (3) with first target around 150.
Bought the fear of trade war Yuan news, looking for a long term uptrend with medium term healthy swings within a steady channel.
Looking to swing trade tops and bottoms as long as we are in the parallel channel.
I look for opportunity in stable range, slow volatility, good entry / exit points and also it helps if the company seems well placed for the current...
First Solar (FSLR) has formed a pin bar yesterday.
Title is coming from a 5 consecutive loosing days and pin bar could be a good signal of reversing.
Stock strenght is above 72!
Watch the stock and lets see if slowstochastic is going to reverse or check on lower timeframes if there is a entry signal (may be 72.64).
This is just my tought: don't invest...
First Solar has been in a clearly defined downward trend since between May and August of 2016. As of the close on May 12, this stock is at the top of the cycle which is near a strongly established resistance. The projected future movements are highlighted below.
When we take a look at other technical indicators, the relative strength index (RSI) is at 81.4842....
Stock is moving upwards in a smooth way. There is room until 38 Usd at least.
Increased volumes are associated with long white candles. This gives us more confidence about the outcome of a long strategy.
Suggested trade: LONG. Take profit at 38 Usd
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