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FIRST SOLAR INC CEDEAR EACH REPR 18 ADRFIRST SOLAR INC CEDEAR EACH REPR 18 ADRFIRST SOLAR INC CEDEAR EACH REPR 18 ADR

FIRST SOLAR INC CEDEAR EACH REPR 18 ADR

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FSLR trade ideas

FSLR looks great for the short-termPrice Entry: $55.68 Stop-loss: $52.91 Price Target: 60.20 This week might be a deciding factor on the future of FSLR. This stock is currently just over the S1 Pivot Point and the 54% fib line. From December 5 to December 12 the stock tanked 12% on lowering volume. This shows that everyday there was less selling pressure which gives us a bullish sign. After these days the stock has begun to go up again on increasing volume. The price is just under the 50 SMA which served in June and July as a resistance level. The stock has to cross over this SMA to continue its uptrend. My stop-loss is just under this 54% fib line and my price-target is at the Pivot Point. There is a great deal of bullish sentiment going around the social networks(twitter and stocktwits). I am long this stock for the short-term. There is a possibility that I am also bullish for the long-term but I still need confirmation. Check out the full article tomorrow at fonzotrader.com
NASDAQ:FSLRLong
by trenchcapital
1
First Solar, Nearing Double Top & Key Gap FilFirst Solar, Inc. $FSLR is shooting higher today. Solar stocks have been one of the hottest sectors of late and First Solar is on fire. While most average investors are buying into this epic move, wise traders and investors are noting the nearing double top and gap fill. Please note the chart below. This stock will be a classic short at $56.50. It can be taken as both a day trade and swing trade. Gareth Soloway Chief Market Strategist www.InTheMoneyStocks.com
NASDAQ:FSLRShort
by InTheMoney_Stocks