FSLR trade ideas
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 $56.50. It can be taken as both a day trade and swing trade.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
FSLR - Channel BreakoutFSLR - Channel Breakout - Expecting earnings soon. Not good to be long when earnings announce or is it?
FSLR BULLISH BREAKOUTThis breakout is part of a bigger pattern too, might test the weekly DMA200 but until then let's take it one step at the time, Short term 47.5 - 50, after that double top and after that 70 and maybe 84
FSLR Weekly Chart (Bullish)Watch out for this stock, a very good combination case of fundamental and technical. This could a multi-bagger idea.
FSLR (BULLISH)This is a 30 min FSLR chart where is shows inverse head and shoulder also it is showing a break of sloping trend line. This inverse shoulder gives a target of 49.
FSLR retrace to 38.2% fib gap support / TL Confluence$SPY $SPX below $50 look for retrace to confluence of gap / TL / Fib zone between $37-41
