FSLR breakout , US StockAlready Trendline breakout
233 above fresh breakout
237/240/245/249 can test soon ,
250 above will review level again
FSLR trade ideas
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.
First Solar [FSLR] Unveils Major Research CentreFirst Solar Inc. has taken a significant step forward in the solar industry by launching one of the largest research centres in the world dedicated to developing new photovoltaic modules. Located in Ohio, USA, this expansive facility covers over 120,000 square meters and is designed to enhance First Solar’s capacity to innovate and lead in technology within the solar sector.
A key feature of the new R&D centre is its full-scale, high-tech production lines for manufacturing sizeable solar panel prototypes. This strategic setup allows for continuous innovation without disrupting the normal production processes at First Solar’s manufacturing plants. By enabling seamless integration of testing and production, First Solar aims to streamline the development of next-generation solar technologies.
Technical analysis of First Solar Inc. (NASDAQ: FSLR)
Let us explore potential trading opportunities based on the current technical landscape of First Solar’s stock:
Timeframe : Daily (D1)
Current trend: the stock is currently in a global uptrend
Resistance level : 223.75 USD
Support level : 206.85 USD
Potential downtrend target : should a downtrend take hold, the potential downside target might be 170.00 USD
Short-term target : if the uptrend continues and the resistance at 223.75 USD is breached, a short-term target could be set at 268.00 USD
Medium-term target : with sustained upward momentum, the stock price could potentially rise to 305.00 USD
Investors and traders should closely monitor First Solar’s stock, especially given the new research facility’s potential to bolster the company’s position as a technology leader in the solar industry. This development not only underscores First Solar’s commitment to innovation but could also impact its market performance and investor sentiment significantly.
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Clear cut candle to start a new range of consolidationIf things were not unusual here then I wouldn't expect a revival back up to 300, but its nicely poised with all indicators showing signs of a reset, and the following candles have slowed things down a little.
First Solar (FSLR): Powering the AI Revolution with Clean EnergyTicker: FSLR
Current Price: $258.87
Rising AI Energy Demand
AI development has drastically increased data center power needs. With over 7,000 data centers globally, companies like Amazon, Microsoft, and Google aim to use 100% green energy by 2030. Solar power must be a big part of this shift.
The Need for Renewable Energy
Amanda Peterson Corio from Google emphasizes the urgent need for more renewable energy sources to support AI's growth. Current data center energy consumption is challenging global renewable energy supplies.
First Solar’s Advantage
First Solar (FSLR) offers thin-film photovoltaic (PV) solar modules using cadmium telluride (CdTe) technology.
Key Applications of First Solar’s products
1. **Utility-Scale Solar Projects**: Powers large-scale solar plants.
2. **Commercial & Industrial Uses**: Reduces energy costs and emissions on-site.
First Solar is crucial for the AI revolution, offering sustainable and cost-effective solar solutions to meet the energy demands of data centers and support the green energy goals of major tech companies.
$FSLR up 11% in just two days!📈 NASDAQ:FSLR up 11% in just two days!! Support at 260 confirmed, and we’re breaking out of the tight range at 286.88. Eyes on the prize as we near a major 20-year breakout at 308-310! 🚀
$FSLR Long-term investment 🚀 Considering adding NASDAQ:FSLR to my long-term portfolio! With projected revenue and EBITDA growth of 20%+ over the next two years, this solar powerhouse looks set for a bright future.
FSLR May 2024 Part III : VCP
Volatility Contraction Pattern
large cup and handle base
drying of volume as the base develops
breakout volume >3x average volume
FSLR May 2024 : Part II - pre-breakout Wykoff Spring
Analysing pre-breakout price behavior
occurs around 10 weeks EMA line
- Spring - price close below EMA10
- price recovers thee following day
rejection ( support area )
- EMA20
- Value Area Low ( VAL ) of P-profile
FSLR May 2024 : Part I - Volume Profiles
FSLR breakout part I - Volume Profile analysis
analysing volume profiles and 10 weeks EMA prior to the breakout
FSLR,,, PullbackUptrend
I suppose, it was a pullback to a broken level and after the last candle, it has been finished.
Low risk traders can wait for another bullish candle or better trigger.
Find a sure SL for the buying position as always.
First Solar Inc ,,, Buy opportunityIn my view, it was a small pullback to the last top, in weekly time, and after the last weekly candle, it is a good buying opportunity.
In the long-term chart, I see a Trend and a Correction that finished at 50-61.8 Fib zone.
Totally, the chart is inside an uptrend and buying position could be low risk.
Set a SL at a sure spot like 170 by considering TP based on next target specified on the chart.
Good luck
