F3A trade ideas
SHORT SOLARrejected by monthly resistance line and broke the uptrend line = signals more downside coming
FSLR: Nice Area To Find Long Position Off Of Key LevelsTraders
Nice long off of a lovely level. We have what looks like a development of a three driver pattern or something to that description. There has been clear impulse long buying from an early time and continuation off major support level is expected. This level right now is confluence support and major moving average support. Looks good.
Best of luck
Tom
FSLR gapThis is a gap and go. Look to enter on break of today's high or a retrace to gap with a bounce allowing a lower entry price. Stop is in gap area...if fills gap then would not trade this one. The earnings and great gap with volume shows pros want in and thus may start a steady climb from here
FSLR Day Trade Retest Gap (Brad Reed May26,2015)If FSLR opens below 54.25 consider using the Retest Gap Strategy. To obtain a free and complete stock trading strategy go to www.RealLifeTrading.com
FSLR - long setupSolar sector is something we should be watching! TAN has been one of the biggest performers.
FEYEActually, this screen depicts what I'm talking about better. Their longer term charts look very different - what is the same is the rounding formation and staccato candles
FSLR, A Good Long Could Be On The HorizonWaiting for true range breakout. There's virtually no structure resistance stopping this happening if it breaks the range. First target would be the 200EMA.
My order is at 51.06. Why that high? Because I wanna make sure I get filled man.
Thanks.
Tom
$FSLR is now $48.16. Target is hit. Great HPS Trade$FSLR is now $48.16. Target is hit. Great HPS Trade
FSLR - Expect January BounceFSLR is down 40% since mid-September. Expecting a short-term rally in January; recently broke out of a downward wedge and RSI shows a bullish divergence since mid-October. Has traded within a $45.5-$43.5 range for the last two weeks. Attractive risk/reward entry point, with shares trading at ~$44. Note how effective the RSI trend line (blue) has been as an entry indicator; as such expect resistance on the back-test. Entry at $43.95. First target is $47, with upside to ~$50.
1.2.15 - 12:20pm EST
fslr falling wedge near term bullishFslr on a very long downtrend, falling wedge, near term target about 49 after which it could again see a decline to 46.
If it breaks 50 with some volume we could see a reversal in place. For now it's just wait n watch for fslr.
FSLRJust an idea. There's support here, but the volume on Friday was big and those big bars are usually not a one day event. Think 47 ish before b/t of t/l
First Solar Daily. Failed Bull Flag, completed Bear FlagAfter ER @53.00 p-m, this is a mess tgt 40.00(ish)
No Support before $50 but will it hold? Not likelyRecent sell off from Sept high had a brief rest, and will soon continue. Anyone who reads today's earning transcript will add short from here. No support before $50 and probably will not hold but 3rd downside leg could resume from there with target price at 47.04 before the end of the year. If you want a real time alert try us www.2waytrading.com
Follow Up Previous Post 4-days ago, we commented this classic double top bearish with precise projected price target and it hit, and bounced as expected per the note. Now, there is no good reason to go long til price penetrates upper neckline with a solid volume that seems unlikely in the near future, should stay at this level to lower prices. Next good area for a possible bounce will be 47. If you want to get a real time alerts try us www.2waytrading.com
$FSLR Don't try and pick a bottom...Just wait for the market$FSLR Don't try and pick a bottom...Just wait for the market support.
Classic Double Top Bearish PatternIt has a measured price target at 50-49 area. If you decide to take a bearish bet make your stop loss at recent swing high with target price 49 area. If you need a real time alerts try us www.2waytrading.com
A Sunny Level For First Solar, Inc. (NASDAQ:FSLR)In the last few weeks we have seen the markets roll over. It has taken down many stocks and many sectors and First Solar, Inc. (NASDAQ:FSLR) is no exception. The stock is down almost 20% from its high pivot on September 12 of $73.78. The stock of First Solar, Inc. (NASDAQ:FSLR) is starting to get into good levels of support, and now is the time when traders need to step up and get long this equity. The great support level which I am zeroing in on is $57.75. That is where First Solar should see mass buyers coming in, giving the stock a nice pop in price. Keep this stock on your radar and profit.
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FSLR shortin case that FSLR will see new low or some morning weakness I will look for short because monthly bear flag odds support that possibility. If you want free service access please take a look at site xpertstocktrader.com and just join us. There are much more live ideas per day
