FSLR- BIG ER play FSLR will go up tomorrow on its ER, the stock has been going through the accumulation phase on the monthly weekly and daily time frames. This sets them up for a perfect explosion for this ER. In addition, the RSI is fairly low and the 8 EMA is holding as support. Furthermore, the volume is stable showing that the accumulation is getting charged up and ready to explode.
FSLR34 trade ideas
FSLR: Aggressive long...long term implicationsI like $FSLR here, I've been buying gradually for the last few days, but looking to also take a shorter term position here. It might be a good spot to buy long term OTM calls, but you can also go long with a tight stop if today we see a new daily high. If you are not positioned and looking for exposure to solar, then a 1-10% long term position built gradually during a few days up to a month would be ideal for you. Long term, the chart implies we could go to $400 without much problems.
A reminder of why solar is so bullish here: www.greentechmedia.com
Best of luck,
Ivan Labrie.
$FSLR Lil bounce Heelllllllaa ugly chart but luckily for anyone long there might be a chance to see a gap fill & test some real support. I'll try & keep expectations low for this one just because I'm sure some bears might see this as a dead kitty but we'll know for sure once price reacts to the 61.8% / 127% re-trace.
$FSLR Kitty Heelllllllaa ugly chart but luckily for anyone long there might be a chance to see a gap fill & test some real support. I'll try & keep expectations low for this one just because I'm sure some bears might see this as a dead kitty but we'll know for sure once price reacts to the 61.8% / 127% re-trace around $63.
First Solar (FSLR) has formed a pin bar.First Solar (FSLR) has formed a pin bar yesterday.
Title is coming from a 5 consecutive loosing days and pin bar could be a good signal of reversing.
Stock strenght is above 72!
Watch the stock and lets see if slowstochastic is going to reverse or check on lower timeframes if there is a entry signal (may be 72.64).
Disclaimer:
This is just my tought: don't invest based on this idea.
BUY First Solar inc (Fundamentals)I believe 2017 is gonna be the year for this stock. Solar panels are gonna be a boom. The renewable energy is growing exponentially and many countries parlaments are pressuring government to invest in this kind of energies(example Argentina). And not only countries, but companies are demanding solar panels aswell(TESLA example) To me its pretty clear that the sales of the company are gonna increase every Quarter. I will make a price target for 2017 when the next earnings report is posted.
We clearly see on the chart that the price is already moving up since late september. Does somebody know something we dont?
FSLR LongBullish looking weekly chart with a bunch of cups and the 73-75 resistance level tested several times.
Looking for a break of that level soon and follow through to 95-100 target level.
Once breaksout, stop below 72.
This could be a multi-week or multi-month swing play.
Weekly moving averages in bullish configuration as well.