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.
FSLR generally tracks closely to QQQ's, and recent divergence is temporary in my opinion While its possible that the QQQ's break to the upside and exit their bear market, the more likely scenario is for the recent bear market bounce to fizzle out and we'll at least see a re-test of June lows. repeat of June 03-16 would be 17% decline for FSLR --which puts it at...
We have moved north for a long time, and its hard to understand the time staying this high. However, the medium-term picture always remained objective near 92.00-94.00, based on false bull flag pattern and a lofty MACD and RSI. The daily RSI is turning below its average. Strategy SELL between 120-140 for a move to 95.00 profit objective,
First Solar, Inc. ( NASDAQ:FSLR ) Sector: Electronic Technology (Semiconductors) Current Price: $135.82 Breakout price trigger: $138.40 Buy Zone (Top/Bottom Range): $131.00-$122.00 Price Target: $144.00-$145.90 Estimated Duration to Target: 40-43d Contract of Interest: $FSLR 10/21/22 150c Trade price as of publish date: $4.60/contract
last time FSLR made such a steep 100%+ run was back in May/June 2007. Here, I tried overlaying the price action then with this recent run, with an eye to possible near term resistance at $139 note then the protracted dwell of RSI above 70, followed by ABC 50% retracement before mooning.
The issue is, these type of shares seems to take more time, due to lower volume, I feel. This type of share is no for the short-term, but for 2-3 months time frame corrections. The short-term it does not react, and that is an issue for some. It does not change the overall view, as the higher it goes, the steeper the decline. For now, the estimated FIB...
looking VERY extended here .... % distance above 50-day MA hasn't printed this high since May 2013. RSI also uncommonly high and loitering over 70 longer than normal. decent short term setup for quick short play: to $116 ? After that, I could see it making a quick bounce back up to $129 that will shake out the shorts, then test $107 area? maybe more? ...
The share price is way overbought, and considering it has been hanging too long at these lofty levels, it feels little controlled. The current market is very over extended and once should expect good correction back towards 91-93 mark, with interium support at 99.50 area.
No doubt volume is low and it appears some form of control on the price of the stock with upside bias. Gravity rules always, and the false bull flag shape and the overextended nature of the price action, suggest medium-term below $ 90.00 again. Strategy SELL current $ 126-129 and take short-term profit @ 107 and for medium-term strategy take profit below $ 93.00.
Folks are bullish on solar so be safe. Bearish Alternate Shark which appears to have ended at the 1.113. The other Shark end at the .886. Weekly candle is a shooting star at this moment but bye golly, it touched that 1.113. Candles are known to form a bottom shadow and not just a long top wick and then stay like that forever(o: This candle is known as a shooting...
We got a negative divergence very clearly seen. This is usually a sign for change of direction. The RSI still overbought, but as the usual being the case, lower RSIs with higher prices is a setup for a decline. SELL @ 118-123 for a move to FIB 93.42.
The stock is preparing for a larger fall. We got exetreme wide BB ansd RSI is high but reducing. The stochastic RSI is negative as well. Combined feels we got a good case to move back towards 93-95.00
🔸️Ticker Symbol: $FSLR timeframe: 1D 🔸️3X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $FSLR has a great setup; we have a rejected double top, way overextended through our regression channel. Money momentum is flowing out of the market, and we have a key EMA crossover! I will be looking for ATM puts expiring in Sep/ Oct. 🔔 Follow for daily...
We are preparing for a large fall on this stock. We have a negative RSI (RSI below the RSI-MA) and we are extremely over bought The strategy is SELL @ 115.00-119.00 and take profit on first objective 98.50 (FIB) and then re-sell once again higher levels. Ultimately we will see 91.20 > 83.75.
Overall market rally seems way overdone and overhyped, although congress continue to press for stimulus bills on energy sector; still upside risk to reward does not warrant a long position at this point in time. Rather, market's current rally are living on pro-longed extension from recovering CPI data to positive earning outlook to stock split. These catalyst...
SELL THE NEWS! FSLR should correct back to $91 range before going higher or lower.
the stock is very overbought, and the "false bull flag pattern" and wide BB suggest we should see good short-term correction. Someone showed me that historically it may not correct as much as we would wish for, but since we got this flag pattern, likely we should be able to get close to $ 92.00 FIB retracement level. Strategy is to SELL between $ 112-120 and...
The false bull flag pattern has been building for a while, and yes, this stock seems to have its high ups and downs within a large range. The current state short-term and even the medium-term case is building, for a decline short-term to $ 93-95, and little longer view, we should be seeing back towards $ 80-85. The RSIs are extremnely high as a note and gives...