FSLR pops on earnings but fades quick in after-hours!Who's got the the $65 August 21 Calls with me? And who thinks we'll be in the money in the morning?
FSLR trade ideas
First Solar - Breakout$FSLR
First Solar - nice cup and handle.
Still i will wait for rectangle box breakout
Yesterday good green bar with good volume.
A but above 54.5 high in June.
A good 15 to $ move possible.
A high beta stock.
Falls at same speed as it rises.
Be careful.
One of my personal likes.
Have traded from 20 to 200+ back to 20.
Warning:
Do not get emotionally attacahed top stocks.
Bull FlagFSLR looks like it was waving a bull flag
Earnings are 8-6 AMC and it seems FSLR has an issue at earnings.
The stock has fallen out of it's rising wedge and the 5 crossed the 10 from below yesterday
The long term moving averages: the 50 has crossed the 100 but the 200 is still on top
Monthly candle looks good
Not a recommendation at all but my stop would be at 46
Not a super volatile stock but have seen it fall like a knife after earnings
Be safe!
Don't expect The captured picture is pretty self-explanatory (and pretty messy). Got a signal warning with bullish kicker, however, so much resistance ahead. Learn how to say "No greed". If you see a good reversal, let me know! 😇
#tradewithstrategy
#noFOMO
#analysisfun
FSLR puede haber cambiado de rumboPersonalmente creo que volverá a bajar para después seguir subiendo y no creo que perfore esa línea trazada...
Espero sus comentarios...
Green portfolio: $FSLR$FSLR had pretty upsetting Q3 and Q4 with some headwinds remaining. Price broke trend line support but has yet to produce a lower low. Tight enough entry with the bottom of the trading range servings as support and a clear stop loss placement. Laggard with a massive potential.
Nearing a crucial pointFirst Solar last released its quarterly earnings data on February 20th, 2020.
The solar cell manufacturer reported $2.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.87 by $0.85.
The firm earned $1.40 billion during the quarter, compared to analyst estimates of $1.86 billion
The good note: Its quarterly revenue was up 102.5% on a year-over-year basis.
Symmetrical triangle, indecision pattern, could go either way. wait for a break of support.
Moving average crossover, could imply further move down, lower support is at 26$.
FSLR: buy opportunityThe future belongs to stocks related to the climate theme.. here is one them: First Solar.
It is involved in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules.
Joining bulls around 52.9 price level with 49.1 S/L and 65.3 T/P level provides decent R:R (3.26).
//
Feel free to share your opinion/position via comment and follow me to stay updated.)
BUY First Solar Now (~$50)Big future awaits solar energy, so everyone understands this and therefore investors won't give up on this stock.
Long-term growth perspective is huge.
Thus, you can buy the stock now at it's lows and hold it untill the good times.Don't track it everyday, save your nerves. FSLR may at least double it's current price.
But you can take advantage of the future growth in short term trade:
Buy @ +-$50
Short stop @ $49
Take @ ~$59
Be aware, that there is a high probability to trigger your stop due to the coronavirus fears and economic or polytic impact, but still it worth it.
Have a good luck!
First Solar Reversal TradeEntry level $55.30 = Target price $61.51.
Indicators very bullish and a strong reversal may be established.
Stock well below the average analysts price target $74.67 | Overweight.
High short interest at 15.17%
Company profile
First Solar, Inc. engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. It operates through the Modules and Systems segments. The Modules segment involves in the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity. The Systems segment offers development, construction, operation, and maintenance of photovoltaic solar power systems. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
FSLR BEARISH Scanning for gems
First Solar Puts , ride this POS DOWN to 39$ from 52$ ..bearish head and shoulders pattern in weekly chart , RSI not oversold yet 39, supertrend indicator says short “never used it before though” lol 442 price to earnings ! sales and earnings past 5 years both down ... volume 4.5x bigger then usual with tons of selling
January 50$ Puts 221$ ... I’m not experienced-in the long game though .. never tried ...also insider selling -35% And missed on 4 strait earnings
Three Percent Trade Idea: Go long FLSRHere is a great opportunity to pick up FSLR .
At Three Percent Trades we have a price target of $80.00 / share, which is a potential upside of 21.5%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage
FSLR - Bullish trend since Nov 2018, Buy the DipBought the fear of trade war Yuan news, looking for a long term uptrend with medium term healthy swings within a steady channel.
Looking to swing trade tops and bottoms as long as we are in the parallel channel.
I look for opportunity in stable range, slow volatility, good entry / exit points and also it helps if the company seems well placed for the current zeitgeist.
The trick is to have overall diversification of assets, but also enough of these monthly plays that allows a higher frequency of trades.
First Solar bullish pre earnings report.First solar has had a amazing 2019, now up 55% well above the average gain. Analysts have a very upbeat view on the stock with one analyst actually upgrading the stock on JULY 29TH, in our opinion that is a bullish sign for the stock.
AVERAGE ANALYSTS PRICE TARGET $72
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO
SHORT INTEREST 14%
COMPANY PROFILE
First Solar, Inc. engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. It operates through the Modules and Systems segments. The Modules segment involves in the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity. The Systems segment offers development, construction, operation, and maintenance of photovoltaic solar power systems. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
There are no straight lines in Wall St.$FSLR has had a very good run since Santa Claus visited the Stock market last Xmas. The question here is Will it have the strength to go for the previous all time high levels it had in the past? In Wall St there are no straight lines. It is bullish, but in order for it to break the previous week levels it needs more momentum, which is already declining and entering into a negative momentum divergence (Higher prices, lower momentum) which usually is a sign of a reversal. It makes sense it will retreat until the support levels before trying to go higher.
The technical indicators show extreme conditions, overbought, overextended distance from the moving average, negative momentum divergence, lower volume levels, reaching Resistance levels.
These signs flash a reversal warning. Earnings is the closest triggering event. The market doesn't seem to care how the report beats the estimates lately. After these indicators my forecast is there will be a bearish leg that will be used by the market to test the support before trying to breach the ATH levels.
Possible Inverse Head and ShouldersIf FSLR can break the resistance formed from the peaks, the stock will likely be bullish for some time (besides a minor pull-back after breaking resistance).
