Time to buy FSLR? - Lets review itEveryday, I check few stocks which are on my radar and draw graphs/patterns. Today, I found that FSLR falls in the pattern and is a good buy opportunity.
Based on the sideway pattern, the first target would be around $241-$245. And if the stock goes more high with good earnings, then the next level would be around $263 level. Most of the stocks I do are swing trades and get out of it when i reach my target (which is around 10% - 15%)
This graph is based on my observations. I encourage you to conduct your own analysis before investing or trading any amount in any stock.
Thank you
