Love this stock for a long term hold . Don't see how this could be a bad hold. Pull backs that gave 40 - 50% back.. Bot up. Huge 200-300% possible move from current prices still.
I have just moved into a net short75 % in solar sector puts for dec
$100 Call exp 8-6. Price target $102. Looking good for a MACD cross above the 200 MA and parabolic sar showing
Absolutely murked resistance with a beast gap, looking for backtest of this trend line as a ham move could follow
FSLR Counterattacked by bullish counter pressure with GAP/UP, I love this response and will buy it. The initial target is the old $100 resistance but I believe it is worth $150 by the end of 2021. Don't forget to set a reasonable stop loss.
Solar energy ETF is currently breaking out of a descending triangle. There are multiple resistance levels to take into account. However, a measured move from the current break of the triangle, is taking us to $113 approximately, which is my mid-term target. MACD has been uptrending while the price has been downtrending, the divergence is bullish signal for...
Wedge and a drop would happen soon with wedge and bearish divergence seen , we still need the confirmation with breaking down the upper trend on Weekly candle
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.
Liking FSLR's mission, esp w Biden this company has potential. It seems to be strongly holding the levels plotted - January calls could work above 90.70 or on a bounce of the 86.45 level
FSLR long @ $82 Short term target: $92.37 2021 target: $139 Stop: $78.5 (50% retrace) Support: $73.95 (61.8% retrace) In some $85 call weekly lottos for .50
Monthly Possible breakout from rectangle formation. Need to be retested and then long. Bullish Gartley formation Weekly Uptrend Strong sells reaction Daily Seems like breakout retested. Wait for confirmation that correction ended and open LONG Open 75 SL 70 TP1 100 RR 4 TP2 110 RR 6
I think we are seeing a massive top in many stocks, solar looks specially vulnerable and it's one of the sectors I'm short of. If it doesn't break over today's high going forward chances are it is dropping all the way back down...We would need a Biden victory, or a tax law change for this to come to pass though (oil dropping would also help, or subsidies going...
NASDAQ:FSLR is a leader in the solar industry which will likely become a leading industry. I like this stock to begin pulling back after having a great start to the month. After this consolidation (watch for a bounce off 75.73) I believe that the upside is great. Break in 81.85 would likely lead to a test of 87.89. Earnings will play a big role in this and a beat...
Against the background of a strong decline in stock indices, prices may decline to the area of long-term support level 28. A breakdown of the long-term resistance level 81.50 could lead to a sharp rise in prices to area 133. Especially if the company receives additional subsidies from the state or private investors.