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FIRST SOLAR INCFF

FIRST SOLAR INC

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FSLR trade ideas

FSLR:No more Sunshine?!FIRST SOLAR Intraday - We look to Sell at 121.86 (stop at 130.09) Following yesterday's bearish candle, the overall trend lower looks set to continue today. We look for a temporary move higher. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Our bias remains bearish and further downside is expected to target support at 100.00. Our profit targets will be 101.77 and 90.00 Resistance: 122.00 / 145.00 / 196.00 Support: 101.80 / 63.00 / 31.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:FSLRShort
by VantageMarkets
From NVDA to FSLR?My idea is about NASDAQ:NVDA and NASDAQ:FSLR . Two very different companies with respect to market capitalization and products (at least both are semiconductors industries). But there is the funny fact, that - at the moment - the prices for both are about the same and one could trade NVDA for FSLR or vice versa. Momentum for FSLR seems to be stronger than that of NVDA at the moment. NVDA has a lot of head wind - although still a promising future - and FSLR will profit from the Inflation reduction Act and the immediate need to reduce the CO2 footprint in any country of the world. My hypothesis is that NVDA will still suffer for quiet some time and FSLR will continue to improve, but in the long run (2024 and beyond) NVDA will catch up and because of better multiplicative factors such as autonomous cars surpass FSLR in positive momentum.
NLong
by ox002a
Anything Above the .236 is a Suspect3 attempts so far to break that high and so far, none were successful. This could change cos everything does. .I do know folks will ride a high. But not forever. For those who are looking to invest longer term, this may not be the one for you. The party will end. Securities even above the .382 fib level, much less the .236 fib level, would be risky to me if I were looking longer term. This one is above the .236. When panic sets in, buyers become sellers. Just an opinion and everyone has one. I use the Covid low to do my Fib levels. You may not. That is the bad thing about fib levels as we can often see different starting points for the fib table. You know this just chart just looks risky! I do not think anyone would argue that but I am not saying it will not make a new high. It might. Just be careful is all. It may Not just be that the economy is eating Rock Soup. The fast and furious rush that ensued after the Covid bottom could be contributing to the demise of this market. No recommendation. When someone's wallet is cramping, they do not give a flying F about solar, utilities or healthcare. They will sell. They only need to be pushed to the limit, then they will let go. The final score does not always tell the story of the game.
N
by lauralea
time to follow QQQ's (down)FSLR generally tracks closely to QQQ's, and recent divergence is temporary in my opinion While its possible that the QQQ's break to the upside and exit their bear market, the more likely scenario is for the recent bear market bounce to fizzle out and we'll at least see a re-test of June lows. repeat of June 03-16 would be 17% decline for FSLR --which puts it at ~$112. QQQ's only lost 12% in that time frame, but note that the low average daily trade volume for FSLR contributes to its price volatility both directions here is a quick comparison I did of volume activity of FLSR vs a couple of its peers: First Solar, Inc. (FSLR) MCap 14.7B Avg. Volume (10) 3.91M Avg. Vol x price = 537,742,300 (0.37% of MCap) 10.69% of Shares Held by All Insider 82.20% of Shares Held by Institutions Sunrun Inc. (RUN) MCap 8.09B Avg. Volume (10) 6.02M Avg. Vol x price = 228,783,400 (2.82% of MCap) 5.90% of Shares Held by All Insider 95.03% of Shares Held by Institutions SunPower Corporation (SPWR) MCap 4.83B Avg. Volume (10) 3.559M Avg. Vol x price = 98,904,610 (2.04% of MCap) 51.3% of Shares Held by All Insider 39.41% of Shares Held by Institutions
NShort
by mikey382
3
FSLR short trade setuplooking VERY extended here .... % distance above 50-day MA hasn't printed this high since May 2013. RSI also uncommonly high and loitering over 70 longer than normal. decent short term setup for quick short play: to $116 ? After that, I could see it making a quick bounce back up to $129 that will shake out the shorts, then test $107 area? maybe more? unfilled gap at 77.5 raging bull case is also possible? ala 2007 scenario - rocket ship to the moon?
NShort
by mikey382
Weekly ChartFolks are bullish on solar so be safe. Bearish Alternate Shark which appears to have ended at the 1.113. The other Shark end at the .886. Weekly candle is a shooting star at this moment but bye golly, it touched that 1.113. Candles are known to form a bottom shadow and not just a long top wick and then stay like that forever(o: This candle is known as a shooting star if it is at a top. A long top wick can indicate resistance. No recommendation. Overbought on RSI. EPS (FWD) -1.24 PE (TTM) 68.76 Div Rate (TTM) 0 Yield (TTM) 0 Short Interest 4.91% Market Cap $12.97B Maybe one day we will all have solar panel homes and drive EVs. Probably not this year though. It rains all the time here so I do not know how I will live in my solar powered home one day )o:
NShort
by lauralea