Nice flag formation. Buy above the high of the flag.
If FSLR breakout 50 USD and close there it could continue in one wave to 55 US. It breaks olso over 50 fibo. Reasonable stoploss would be 48,4 USD. For long term investors 46,2 USD.
Should stabilize and uptick for the next few months. I will buy any correction to $25-30 given the opportunity.
Nice Inverted Head and Shoulder on the week basis on FSLR. Final target between 48.50 to 49.70 let's see what will happen!!!
Oversold and crawled in this area for long time, ready to move foward
First Solar has formed a cup & handle pattern with nice opportunity to go long now. If a long position is taken and the price goes up, profit should be taken at max. 50. There is a long-term resistance formed at around 50. With Trump's energy opinions, this clean energy solution will likely reverse at 50 to continue its long term bearish trend.
Clear bullish Setup! Cup&Handle Mode! 1st. Pt zone near 45$.