OptionsMastery: Monthly and Weekly Zone on FSLR!🔉Sound on!🔉
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F3A trade ideas
FLSR - Bulls Will control an Impending Advance---Elliott wave analysis---
As you can see on the daily chart, There is an impulsive cycle from the low of 5960 that validates all the required rules of the Elliott wave principle given below:
Wave (2) can never exceed the starting point of wave (1).
Wave (3) can never be the shortest wave among (1), (3) & (5).
Wave (4) can never enter the price territory of wave (1).
So, we have a valid reason to validate the wave count. In addition, FSLR's wave cycle has the following formation in the wave with Fibonacci levels:
Wave (1) is an impulse wave.
Wave (2) retraced 100% of wave (1). It has formed A-B-C zigzag.
Wave (3) is an extended wave.
Wabe (4) is a complex correction W-X-Y, that retraced to 0.382 level.
Wave (5) is an ending diagonal.
Wave A retraced 0.382 of wave (5), which extended to 1.618 level.
Wave (B) retraced 100% of wave A.
FLSR had accomplished impulsive structure at 232 and started corrective formation. It looks like the correction phase occurred at 132.19 . We can expect a new motive cycle from 132.19 . Traders should carefully watch the breakout of wave 4 of wave (c).
Target projection:
Using Reverse Fibonacci of wave (B)
Reverse Fibonacci Of correction
resistance and pivot levels
From the above projections, we can find a cluster of levels to measure our targets. Traders can follow cluster targets: 168 - 188 - 192 or higher. It can extend up to 100% at 232.
Alternatively, Failure can continue correction to the final support level of 115.58, which is less likely to happen.
---Indicator Study:---
Average true range:
ATR of the FLSR rose to 7.79 when the price was rising. It suggests that we can get a rapid upward move after the breakout of wave (4).
RSI:
The RSI of the FLSR surged from 31.09 to 49.5 . RSI surge along with price suggests that bulls have a strong grip on the stock. We can also see a divergence from the previous move.
Exponential Moving averages:
Major EMAs, such as the 200-day and 100-day , are trading above the price, but the 20-day Exponential Moving Average is being broken by FSLR. Its possible for security to reach quickly to 50 EMA soon.
Thank you!
By @moneydictators on @TradingView Platform
BUY $100-130 for LT holdAnalysis:
- LT trend since 2012 shows ~$100 as key support level, even if support (prior resistance now support) from 2014 fails.
- $100 is 67% off of the recent high of $306. Ouch! But this also means there's large upside to get back to those levels.
Despite Trump admin opposition to renewables, FSLR is well positioned with US manufacturing capability, a FWB:20B backlog on current SEED_TVCODER77_ETHBTCDATA:4B in revenue. This means they could grow YoY throughout the Trump admin with just the current backlog. Also, they're profitable with 30% Net Income margins form the last year. Large commercial customers (namely, tech giants through renewables developers) are happy to continue investing billions in renewables (and to trade high capex for low opex).
Investment Thesis:
- Monitor this $130-135 level. If broken with conviction, we look towards $100 entry points. IMO, worst case is also $100-130 price by EOY 2026.
2/21/25 - $fslr - Cannon take fire. long.2/21/25 :: VROCKSTAR :: NASDAQ:FSLR
Cannon take fire. long.
- this is by no means as big as NASDAQ:NXT given my conviction, familiarity w/ that one
- but we've reached the point of "come on guys"
- my thesis is we're in the middle of the stock market crash and it's been asynchronous which is why nobody is noticing and different mag7s have been used/ picked weekly to dampen vol. but if you look at any of them on a stand alone basis, you'll see -15% to -30% from peaks to troughs
- will orange guy come and shoot solar headlines? guys idk, if i had a crystal ball i'd probably be warning everyone not posting on stonks
- but fslr cash gen and leadership in the industry, multiples seem v v v reasonable here esp given it's a much higher quality name than enph, sedg both of which put up amazing results (not rewarded bc tide go out - we've been talking about this)
- but some of my heavy cash has gone to this one today. next week they report. i'm v clear that ex post seems to be a better game to play esp w names less familiar or playing just tape/ multiples
- but seeing industry laggards report good results
- and the stocks only go lower
- we're in value territory here w/ fcf yield >10%
- i'll be hitting the big hard on a risk off, so have ammo to go, but not playing this light. we're doing pretty well on the year, so i'm pressing the advantage and working off the above thesis.
V
1/22/25 - $fslr - r/r merits a punt long <$1751/22/25 :: VROCKSTAR :: NASDAQ:FSLR
r/r merits a punt long <$175
- my fav solar name remains NASDAQ:NXT , don't get it twisted
- but if say NASDAQ:NXT is my $tsm.... NASDAQ:FSLR is my $nvda. it's a bit higher octane, bigger cap. more headline grabby etc.
- double the mgns of NASDAQ:NXT , but big capex (why i like NASDAQ:NXT is it's much capital-lighter)
- but don't forget agent orange has elon on the team and guess who remains +ve solar. yuh yuh credits this credits that. look... if we r going to "drill drill drill" - and don't say i didn't write about this event - the best scenario is a balance generation profile and we export a lot of oil.
- does it take time? is this the low V? no clue fam.
- but the sell off looks like a quick buck/ punt sub $175. so i've done some S calls to size up gross without touching my notional.
just flagging in case you're inclined to opine, troll me or otherwise just follow along.
V
Great Buy.......First Solor......leading US Solar Manufacture!NASDAQ:FSLR has great Fundamentals, and we are now signaling Bullish Divergence (2h Chart). The post-election selloff is a little overdone. This was due to the market anticipating the trade disruption caused by Trump tariffs. With NASDAQ:FSLR being domestically positioned I believe this is a great buying opportunity on this stock......I am not a financial advisor this is just my outlook and predictions on the market.
FSLR may be ready to fly!NASDAQ:FSLR received an upgrade to Buy from Neutral by Citi Bank…..while approaching the 200MA and previous area of support…..undervalued on all time frames……with plenty of headway to retest All Time highs. Given the election supports further funding for Solar Projects to assist with our energy demand we could see a significant move to the upside into year end……Let’s see how this one plays out!
FSLR Long Weekly Asset Class: Stocks
Income Type: weekly
Symbol: FSLR
Trade Type: Long
Trends:
Short Term: Up
Long Term: Down
Set-Up Parameters:
Entry: 212.83
Stop: 202.14
TP1 223.52 (1:1)
TP2 234.22 (2:1)
TP3 244.91 (3:1)
TP4 255.6 (4:1)
Trade idea:
4H fresh demand zone formed by a drop-base-rally at the breakout level, with a Gap up and a 1:4 risk-reward ratio. Confirmation Entry when The stock bounce back from the DZ
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
First Solar Stock Sinks After Price Target Cut by JefferiesFirst Solar (NASDAQ: NASDAQ:FSLR ), one of the top solar energy companies, took a significant hit on Thursday, with its stock plummeting nearly 10%. This sharp decline came after Jefferies, a prominent investment bank, lowered its price target for the company from $271 to $266, citing potential delays that could negatively impact the current quarter's earnings. The report, while maintaining a “buy” rating, has raised concerns about First Solar’s short-term profitability and execution amidst industry-wide challenges.
Why Did NASDAQ:FSLR Drop?
Jefferies’ revised forecast signals caution about First Solar’s ability to meet earnings expectations in the coming quarter. The analysts specifically pointed out potential delays in product volumes, which may lead to lower-than-anticipated earnings. They attributed this to several key factors:
1. Interconnection and Supply-Chain Issues: Utility-scale solar growth continues to face delays due to long interconnection queues, labor shortages, and supply-chain disruptions. These bottlenecks, already a persistent challenge in 2023, are expected to stretch into next year, pushing some projects from weeks to months.
2. Module Pricing Concerns: Uncertainty around module pricing due to anti-dumping and countervailing duty (AD/CVD) determinations could also have a negative impact. Additionally, the idea of selling excess capacity from India into the U.S. market raises questions about demand and profitability in the near term.
3. Broader Market Impact: Jefferies' report not only affected First Solar, but also sent ripples across the entire solar sector. Shares of other solar power giants like Enphase Energy ( NASDAQ:ENPH ) and SolarEdge Technologies ( NASDAQ:SEDG ) also saw declines of 6% and 5%, respectively. This points to broader concerns within the solar industry about growth rates and earnings amid macroeconomic headwinds.
Jefferies Still Bullish Long Term
Despite these challenges, Jefferies’ analysts remain optimistic about First Solar's long-term outlook. Their “buy” rating underscores confidence in the company’s ability to navigate these short-term obstacles and maintain its position as a market leader in solar energy. First Solar's focus on innovation, advanced technology, and strong demand for renewable energy should support its recovery once current delays are addressed.
Technical Outlook: Bearish Signs Ahead
The technical picture for First Solar (NASDAQ: NASDAQ:FSLR ) looks bleak in the short term. As of Thursday, the stock is down 9.29% and trading with a weak Relative Strength Index (RSI) of 32, indicating oversold conditions. Additionally, the daily price chart shows a bearish gap down pattern—a strong indication of continued downward momentum.
Further accentuating the bearish thesis is the stock’s position relative to key moving averages. First Solar (NASDAQ: NASDAQ:FSLR ) is currently trading below both its 50-day and 200-day moving averages, signaling potential downside risk. This aligns with the broader market sentiment, where traders have become cautious, awaiting more clarity on earnings and supply chain issues.
What to Expect Next for First Solar?
While the near-term outlook for First Solar (NASDAQ: NASDAQ:FSLR ) looks challenging, the company’s fundamentals remain solid for long-term investors. If the delays are resolved, First Solar could regain its footing.
In conclusion, while First Solar faces some serious short-term challenges, the long-term growth story in renewable energy remains intact. Investors should keep a close eye on the company’s performance in the coming months to gauge whether this recent decline is a buying opportunity or a sign of deeper trouble ahead.
FSLR - First Solar, Inc.First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
OPTION WATCHLIST 9/8/24 part 2NASDAQ:TSLA - Stock back to testing bottom of the trendline at $210. Looking for puts below $210 for a move towards $206 and lower. If held we can see another move towards $240 top of the channel. Stock is slightly bearish on indicator level.
NASDAQ:GOOGL - Another tech stock closing below 200 SMA indicating bearishness on the stock. Stock has strong support at $150 looking for possible bounce at this level or puts if it fails to hold. Next support at $146.13 for a gap entry towards $143.58.
NASDAQ:SMCI - Stock about to give all the gains of 2024. Stock has next support at $357.37 and $300. Puts below $380 look good. Stock is oversold on a daily time frame. Chance of possible oversold bounce. Calls above $400
NYSE:V - Stock is breaking out on a weekly time frame going for all time highs. Looking for calls above $280 for a move towards $290 and higher. Stock is strong on indicator level.
NASDAQ:FSLR - Stock moving down after breaking below trendline channel. Stock has next support at $202 and $200 if breaks we can see more downside. Looking for puts below $208
Kamala Leads, Solar Stocks Shine Again?I'm closely watching the solar sector again, especially stocks like NASDAQ:FSLR , NASDAQ:ENPH , and $RUN.
After the Trump/Biden debate, solar stocks plummeted because it looked like Trump might win. But now, with Kamala Harris running, the odds have shifted her way, and I'm optimistic about the sector since she's likely to support clean energy like Biden did.
These solar stocks have been stable over the last month compared to tech.
First Solar has strong financials, Enphase has solid earnings and big potential, and Sunrun just teamed up with Tesla.
Definitely worth watching all three, in my opinion.