I like $FSLR here, I've been buying gradually for the last few days, but looking to also take a shorter term position here. It might be a good spot to buy long term OTM calls, but you can also go long with a tight stop if today we see a new daily high. If you are not positioned and looking for exposure to solar, then a 1-10% long term position built gradually...
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). Disclaimer: This is just my tought: don't invest...
We like how the Solar Sector is trading separate compared to the rest of the market right now so we entered this trade today. We are hoping for this to be a longer term swing trade for us but it depends on the price action. The momentum looks nice to the upside and I decided to post the weekly chart on this to show the strength in this current move. Good luck to all!
Bullish looking weekly chart with a bunch of cups and the 73-75 resistance level tested several times. Looking for a break of that level soon and follow through to 95-100 target level. Once breaksout, stop below 72. This could be a multi-week or multi-month swing play. Weekly moving averages in bullish configuration as well.
Dear reader, Do not trust me. I am a beginner in terms of performance and veteran in terms of experience. The market does not care about the latter remember that always. This is my analysis for FSLR a stock I have traded successfully and unsuccessfully in the past. Where are we standing? Longer timeframe: - Inside a wide multi-week box starting early...
Dear reader, Do not trust me. I am a beginner in terms of performance and veteran in terms of experience. The market does not care about the latter remember that always. This is my analysis for FSLR a stock I have traded successfully and unsuccessfully in the past. Where are we standing? Longer timeframe: - Inside a wide multi-week box starting early...
FIB Extension on Weekly Chart, $109 - $141
Possible bull flag. Watching to see if it breaks out of flag. If so, it could see 82.80.
Watching to see if it breaks the upper resistance or bounces and falls back to support at 61.00.
S&P 500 is what ruined AMD
Simple strategy - buy at or below the green line, near the highs, on pullback. $FSLR $TAN
Nice flag formation. Buy above the high of the flag.
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....
I only Day Traded FSLR today, Not the close I was looking for!