Monthly and weekly charts are very important to look over, I'd check this out right here.. Solar can still have steam ahead for the next year or so. Lines are just fib levels
Straight to the point, looks like FSLR is forming a Bearish RSI divergence (where price is making higher highs, and RSI indicator is making lower highs). Additionally, RSI is also at 71.45 which is somewhat high (overbought). Unless we break the marked white support trend line on the chart, the price should start making a downward movement to the support areas...
I am now moving into puts in FSLR as of this morning >look to move to a net short at 75 % in the money puts look at 2023 puts only .We should a rather large drop back to 100/115 easy
Thursday, 20 October 2022 21:15 PM (WIB) Leading the World’s Sustainable Energy Future Founded in 1999, First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change. The company is unique among the world’s ten largest solar manufacturers for being...
Order SELL FSLR NASDAQ.NMS Stop 139.35 LMT 139.35 will be automatically canceled at 20230401 01:00:00 EST FSLR daily bearish hammer at local high. This time stop loss goes above monthly resistance area and will run into MA 100.
FSLR daily bearish hammer at all time high, also end of wave 5. Don't hold over earnings.
I continue to like FSLR! It looks like a true market leader and is moving great with the market. I have established a pilot position here.
FSLR daily bearish hammer at beginning of wave 3 wave 3 downtrend Sell Stop 126.60 LMT 126.60 GTC Buy Limit 112.21 GTC Buy Stop 134.14 GTC
👉Name is holding great through the market sell off 👉The RS line up is showing outstanding relative strength 👉Volume indicator we see a bunch of green and blue (bullish) bars highlighted and not much red and purple (bearish). 👉 Stage 2 indicator is showing early turn and key MAs are starting to point up Not at a buy point yet but definitely a great candidate to watch!
A large ascending triangle has formed on FSLR Ascending triangles usually break out bullishly I expect a retest of the upper trend line post breakout (white line) Following this price can moon
FSLR Daily Technical Analysis Resistance price: 139,91 Support Price: 121,91 - 111,20 - 102,12 We added this stock from 127,03 price early time. Four days ago daily technical started show NEGATIV and 3 days volatility started down. Losting power. Until 77,50 has space of technical graphic. Middle term price need close this.
SELL THE NEWS! FSLR should correct back to $91 range before going higher or lower.
Trading 101 all exhaustion gaps eventually fill. What a business model to depend on government tax credits to increase your profits. 56 PE and no dividend, why would anyone buy this? False bull flag?
Solar and EV stocks getting bid up once again due to the governments deficit spending "climate bill". FSLR is up a whopping 37% in a week. Overbought on most indicators on several time frame charts, of course like anything can always go higher.
big down trend break on TAN ( solar etf). retesting the break out now intraday. solar can really be the leader of next run when ever we get that. solar names like ENPH SEDG are 7-8% away from ATH's. extra ordinary relative strength. TAN is already up 15% in 2 days, so might be over heated in short term but long run looks really good.
A bearish swing trade? Bouncing of EMA10. Target is 1.2x
Went long here on APR 85 calls shorter term trend is now up , I'm liking the volume and momo turning here. Also long JKS which is up almost 9% today. Solar may be waking up with energy and oil being the main theme as of recently.
First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. It operates in two segments, Modules and Systems. The Modules segment designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity to integrators and operators of PV solar...