Daily MACD crossed over as of Monday (4/10/2017) with higher than normal volume. Bullish volume seems to be higher than average the past few days. Looking at the Fib Retracement line from the most recent high on February 27, 2017 to the most recent low on 4/6/2017, I believe the next short term price target is $28.72 (which is also a resistance line on the daily,...
Beginning wave 5 to the downside, support comes in around 22.5, C Wave of flag beginning.
First solar is a short below the low at 28.90 USD. Huge volumes have been detected on March 17. Bollinger bands are widening out, giving a good signal for a short entry. However, before triggering a short, it is suggested to wait for a break below 29 USD.
Maybe pull back be for go up.
I think will we stay in these areas until the date 27-04-2017 Then we move to the top and we entry after closing 36.50
$FSLR, Buy on a descending triangle, TP 42.50, sl 33.25$
Price experienced a breakout above the US$35.31 level. Price target: US$39.61 and US$40.83. Support: US$33.54.
First solar is breakout out currently. Looking for conviction here. The solar sector looks good all around. $CSIQ is also hot!
I think it's headed back to $32.66ish , to test the 20d VWMA
Divergence and a finished corrective structure It's possible price may make another low before upside. So either use a small stop under current low or calculate for a larger stop around 20-22 handle.
Although not necessarily for First Solar. Read on... Positive fundamentals First Solar focuses on module manufacturing and developing utility-scale solar plants. I work for grid operators (Europe), and see them doing more and more experiments with renewables. Developing batteries for storage, new grid components for PV (solar panels on roofs) that enable 'peak...
Only accounts for 0.5% of total U.S. Energy Consumption