FSLR trade ideas
Great Buy.......First Solor......leading US Solar Manufacture!NASDAQ:FSLR has great Fundamentals, and we are now signaling Bullish Divergence (2h Chart). The post-election selloff is a little overdone. This was due to the market anticipating the trade disruption caused by Trump tariffs. With NASDAQ:FSLR being domestically positioned I believe this is a great buying opportunity on this stock......I am not a financial advisor this is just my outlook and predictions on the market.
FSLR may be ready to fly!NASDAQ:FSLR received an upgrade to Buy from Neutral by Citi Bank…..while approaching the 200MA and previous area of support…..undervalued on all time frames……with plenty of headway to retest All Time highs. Given the election supports further funding for Solar Projects to assist with our energy demand we could see a significant move to the upside into year end……Let’s see how this one plays out!
FSLR FSLR has completed its 5th wave, and I anticipate a retest before it continues to push upward toward the target shown on the chart. Please remember, this is not financial advice or a trading signal—just sharing my personal analysis and thoughts.
FSLR Long Weekly Asset Class: Stocks
Income Type: weekly
Symbol: FSLR
Trade Type: Long
Trends:
Short Term: Up
Long Term: Down
Set-Up Parameters:
Entry: 212.83
Stop: 202.14
TP1 223.52 (1:1)
TP2 234.22 (2:1)
TP3 244.91 (3:1)
TP4 255.6 (4:1)
Trade idea:
4H fresh demand zone formed by a drop-base-rally at the breakout level, with a Gap up and a 1:4 risk-reward ratio. Confirmation Entry when The stock bounce back from the DZ
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
First Solar Stock Sinks After Price Target Cut by JefferiesFirst Solar (NASDAQ: NASDAQ:FSLR ), one of the top solar energy companies, took a significant hit on Thursday, with its stock plummeting nearly 10%. This sharp decline came after Jefferies, a prominent investment bank, lowered its price target for the company from $271 to $266, citing potential delays that could negatively impact the current quarter's earnings. The report, while maintaining a “buy” rating, has raised concerns about First Solar’s short-term profitability and execution amidst industry-wide challenges.
Why Did NASDAQ:FSLR Drop?
Jefferies’ revised forecast signals caution about First Solar’s ability to meet earnings expectations in the coming quarter. The analysts specifically pointed out potential delays in product volumes, which may lead to lower-than-anticipated earnings. They attributed this to several key factors:
1. Interconnection and Supply-Chain Issues: Utility-scale solar growth continues to face delays due to long interconnection queues, labor shortages, and supply-chain disruptions. These bottlenecks, already a persistent challenge in 2023, are expected to stretch into next year, pushing some projects from weeks to months.
2. Module Pricing Concerns: Uncertainty around module pricing due to anti-dumping and countervailing duty (AD/CVD) determinations could also have a negative impact. Additionally, the idea of selling excess capacity from India into the U.S. market raises questions about demand and profitability in the near term.
3. Broader Market Impact: Jefferies' report not only affected First Solar, but also sent ripples across the entire solar sector. Shares of other solar power giants like Enphase Energy ( NASDAQ:ENPH ) and SolarEdge Technologies ( NASDAQ:SEDG ) also saw declines of 6% and 5%, respectively. This points to broader concerns within the solar industry about growth rates and earnings amid macroeconomic headwinds.
Jefferies Still Bullish Long Term
Despite these challenges, Jefferies’ analysts remain optimistic about First Solar's long-term outlook. Their “buy” rating underscores confidence in the company’s ability to navigate these short-term obstacles and maintain its position as a market leader in solar energy. First Solar's focus on innovation, advanced technology, and strong demand for renewable energy should support its recovery once current delays are addressed.
Technical Outlook: Bearish Signs Ahead
The technical picture for First Solar (NASDAQ: NASDAQ:FSLR ) looks bleak in the short term. As of Thursday, the stock is down 9.29% and trading with a weak Relative Strength Index (RSI) of 32, indicating oversold conditions. Additionally, the daily price chart shows a bearish gap down pattern—a strong indication of continued downward momentum.
Further accentuating the bearish thesis is the stock’s position relative to key moving averages. First Solar (NASDAQ: NASDAQ:FSLR ) is currently trading below both its 50-day and 200-day moving averages, signaling potential downside risk. This aligns with the broader market sentiment, where traders have become cautious, awaiting more clarity on earnings and supply chain issues.
What to Expect Next for First Solar?
While the near-term outlook for First Solar (NASDAQ: NASDAQ:FSLR ) looks challenging, the company’s fundamentals remain solid for long-term investors. If the delays are resolved, First Solar could regain its footing.
In conclusion, while First Solar faces some serious short-term challenges, the long-term growth story in renewable energy remains intact. Investors should keep a close eye on the company’s performance in the coming months to gauge whether this recent decline is a buying opportunity or a sign of deeper trouble ahead.
FSLR Long Idea I'm anticipating first solar to fill that imbalance that has till around 306.
It also rejected off the 50 EMA twice indicating a lot of support around the 190 to 210 area.
FSLR - First Solar, Inc.First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
2 consecutive quatars > 10% surprise and > 100% YoYthis stock has at least 2 consecutive quarter> 10% surprise and > 100% YoY, potential up
OPTION WATCHLIST 9/8/24 part 2NASDAQ:TSLA - Stock back to testing bottom of the trendline at $210. Looking for puts below $210 for a move towards $206 and lower. If held we can see another move towards $240 top of the channel. Stock is slightly bearish on indicator level.
NASDAQ:GOOGL - Another tech stock closing below 200 SMA indicating bearishness on the stock. Stock has strong support at $150 looking for possible bounce at this level or puts if it fails to hold. Next support at $146.13 for a gap entry towards $143.58.
NASDAQ:SMCI - Stock about to give all the gains of 2024. Stock has next support at $357.37 and $300. Puts below $380 look good. Stock is oversold on a daily time frame. Chance of possible oversold bounce. Calls above $400
NYSE:V - Stock is breaking out on a weekly time frame going for all time highs. Looking for calls above $280 for a move towards $290 and higher. Stock is strong on indicator level.
NASDAQ:FSLR - Stock moving down after breaking below trendline channel. Stock has next support at $202 and $200 if breaks we can see more downside. Looking for puts below $208
FSLR - needs to hold $223 trendline supportFSLR - stock is testing bottom of the trendline channel at $223. if holds we can see a reversal towards $250. rate cut decision should help the stocks. calls above $225 for a move towards $230 and $250. Stock is decent on indicator level.
FSLR breakout , US StockAlready Trendline breakout
233 above fresh breakout
237/240/245/249 can test soon ,
250 above will review level again
FSLR to 350-360 within a yearFirst Solar has many strong indicators in its favor. We have experienced a sharp move upwards and a steep, quick move on the re-tracement. In today's trading environment things move fast and we may have already hit a bottom in FSLR.
$FSLR NASDAQ:FSLR looking to recover ? Has a price target of $292 ish also its a semiconductor! Tell me something about NASDAQ:FSLR
Kamala Leads, Solar Stocks Shine Again?I'm closely watching the solar sector again, especially stocks like NASDAQ:FSLR , NASDAQ:ENPH , and $RUN.
After the Trump/Biden debate, solar stocks plummeted because it looked like Trump might win. But now, with Kamala Harris running, the odds have shifted her way, and I'm optimistic about the sector since she's likely to support clean energy like Biden did.
These solar stocks have been stable over the last month compared to tech.
First Solar has strong financials, Enphase has solid earnings and big potential, and Sunrun just teamed up with Tesla.
Definitely worth watching all three, in my opinion.
FSLR support breakdown possible . US Stock 213 below breakdown possible
support breakdown possible
211/207/203/197 can test soon
Time to buy FSLR? - Lets review itEveryday, I check few stocks which are on my radar and draw graphs/patterns. Today, I found that FSLR falls in the pattern and is a good buy opportunity.
Based on the sideway pattern, the first target would be around $241-$245. And if the stock goes more high with good earnings, then the next level would be around $263 level. Most of the stocks I do are swing trades and get out of it when i reach my target (which is around 10% - 15%)
This graph is based on my observations. I encourage you to conduct your own analysis before investing or trading any amount in any stock.
Thank you
FSLR breakout possible , US Stock230 Above trendline breakout possible
235/240/250 expected to test
solar stock expected upside move
just need to sustain above 21 ema
If your not $FSLR your last Bullish outlookShowing some positive momentum now that it has retested its proximal line at/around $224 looking to head back up to $283 that of the golden ratio. EMA's are stacked to the upside 20-50-200...
Lmk you thoughts in the comments
FSLR First Solar Options Ahead of EarningsAnalyzing the options chain and the chart patterns of FSLR First Solar prior to the earnings report this week,
I would consider purchasing the 180usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $12.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
