motleifaul

motleifaul

The new highs are little one only. However they are not sold imediately - a sign that there is more buying power than bears. Chrismas is coming definitely.

motleifaul

We have exceeded the trading range lasting since 2nd September now. As the Christmas Season is approaching the stock seems supported fundamentally.

motleifaul

Looks like an outbreak of the range existing since late September with renewed momentum. The 8th September top serving as support.

motleifaul

There is a bottom since Wednesday and I expect it to hold in the short run at least.

motleifaul

The new October high confirms the persisting momentum.

motleifaul

The momentum remains high and I am regretting my early profit taking.

motleifaul

The price has made the due correction of the July high.The weekly EMA has held and after a hammer in August the price has risen again in September. This is a confirmation of the break of the 2020 range and the rise that has started in November 2020.

motleifaul

At least short term we are facing a good support here. So a sufficient retracement shall be expected.

motleifaul

We fell beow the low of yesterday now and are facing the next support.

motleifaul

It looks like if we are building a short term bottom. Can imagine a correction before down again.

motleifaul

We have succeeded Friday's high and have just made the due correction downwards. The rise may continue now.

motleifaul

Past week's decline seems not to find a continuation so that an upward correction seems to be likely.

motleifaul

The Bollinger Band, The high of August 13th and the Fibonacci are supporting a recovery.

motleifaul

The upward channel and the Bollinger Band have been retested now. As the trend has changed to downwards I see a selling chance.

motleifaul

Yesterday it looked corrective but with an impressive rise we are back today.

motleifaul

First Solar has reached the Fibonacci Retracement of the rise since June 26th already. A first long position seems possible here. One shall mind the gap down and the gap down beneath and watch out which one will be closed first.

motleifaul

On Thursday we have opened with an upward gap that could no be closed until now. This points on a further strength of the stock.

motleifaul

Alphabet made a new high and is gaining a bit more momentum now.