FSLR SUPPORTGreat golden cross on sight. Trend line support as well,
We can see this bad boy making a move.
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FSLR trade ideas
FSLR LongLove this stock for a long term hold . Don't see how this could be a bad hold.
Pull backs that gave 40 - 50% back.. Bot up.
Huge 200-300% possible move from current prices still.
$FSLR 6 Month Cup w/ HandleCame across $FSLR doing my weekend chart flipping.
Love how this big 6 months cup w/ handle base is building up.
* Nice large base ☑️
* Price tighting up on the right hand side ☑️
* Vol drying up ☑️
* Vol pattern confirming price (OBV at Hs or NHs) ☑️
FIRST SOLAR, INCshort term opportunity ( seems impossible to take this down 30% from the current price but who knows ? only risk 4% from the current price to take the maximum target ),
have been trading inside the huge down trending market which push it to the downside , have rejected at the major resist and also a rejection to the top of bearish flag , we will see how price react to the market for an entry zone .
we will never know how the market works.
ABC BullishPossible stop below C.
ABC is a corrective, or a pull back pattern. A retest of C occurs frequently and if price goes too far below C, then often best to stay out. C often occurs between the .786 and .618 of the AB leg. Targets are calculated using the AB leg and fib levels. The target is D.
Looks like earnings were received well.
No recommendation
RetracementFirst Solar has reached the Fibonacci Retracement of the rise since June 26th already. A first long position seems possible here. One shall mind the gap down and the gap down beneath and watch out which one will be closed first.
FSLR call$100 Call exp 8-6. Price target $102. Looking good for a MACD cross above the 200 MA and parabolic sar showing
Gap UpOn Thursday we have opened with an upward gap that could no be closed until now. This points on a further strength of the stock.
FSLR Strahan Gap Absolutely murked resistance with a beast gap, looking for backtest of this trend line as a ham move could follow
FSLR BUY OR LONG, TARGET $100 FSLR Counterattacked by bullish counter pressure with GAP/UP, I love this response and will buy it.
The initial target is the old $100 resistance but I believe it is worth $150 by the end of 2021.
Don't forget to set a reasonable stop loss.
Double BottomPossible stop below the lower of the 2 bottoms or the last pivot low. I often place stops under horizontal trading zones which are areas of consolidation. The longer these zones, are the better.
A double bottom can show the bears where the bulls are willing to make a stand. This can give confidence to the bulls and can make bears a bit less confident.
Possible small flag forming.
A Marubozu is a taller candle with no shadows, or wicks on the top or the bottom. This one is red, but there is also a green Marubozu candle. As a rule these candle may affect price on a very short basis and are a signal that continuation of the current trend may persist.
No recommendation
Can be a good idea to listen carefully to what the market is willing to give you, but you can't force the market to give you anything.
First Solar D1First Solar is the largest manufacturer of solar panels. The last year was quite successful for the company, and brought the company's shares to a historical maximum. Currently, the world is experiencing a boom in alternative energy sources. Electricity prices are rising, forcing many to purchase solar systems. The beginning of the summer season gives good prospects for earning money for companies producing solar systems. This direction is developing more and more actively every year and gives more and more profits. The company's huge cash registers are a good stimulus for the growth of stocks. The coronavirus situation has forced many to move to the province. Which can create an increased demand for solar panels. Therefore, this year may give even more serious prospects for First Solar.
First Solar D1First Solar is the largest manufacturer of solar panels. The last year was quite successful for the company, and brought the company's shares to a historical maximum. Currently, the world is experiencing a boom in alternative energy sources. Electricity prices are rising, forcing many to purchase solar systems. The beginning of the summer season gives good prospects for earning money for companies producing solar systems. This direction is developing more and more actively every year and gives more and more profits. The company's huge cash registers are a good stimulus for the growth of stocks. The coronavirus situation has forced many to move to the province. Which can create an increased demand for solar panels. Therefore, this year may give even more serious prospects for First Solar.
ABC Bullish Earnings 4-29 AMCEarnings 4-29 after market close.
Stop under C or last strong source of support.
No recommendation
