FSLR trade ideas
FSLR- BIG ER play FSLR will go up tomorrow on its ER, the stock has been going through the accumulation phase on the monthly weekly and daily time frames. This sets them up for a perfect explosion for this ER. In addition, the RSI is fairly low and the 8 EMA is holding as support. Furthermore, the volume is stable showing that the accumulation is getting charged up and ready to explode.
Hammer TimeNice buying pressure came back today forming the Hammer candle. Should be getting a pop soon.
Would like to see a run up before earningsGot a pump on CNBC on Friday. Hopefully some follow thru early next week.
FSLR: Aggressive long...long term implicationsI like $FSLR here, I've been buying gradually for the last few days, but looking to also take a shorter term position here. It might be a good spot to buy long term OTM calls, but you can also go long with a tight stop if today we see a new daily high. If you are not positioned and looking for exposure to solar, then a 1-10% long term position built gradually during a few days up to a month would be ideal for you. Long term, the chart implies we could go to $400 without much problems.
A reminder of why solar is so bullish here: www.greentechmedia.com
Best of luck,
Ivan Labrie.
$FSLR Lil bounce Heelllllllaa ugly chart but luckily for anyone long there might be a chance to see a gap fill & test some real support. I'll try & keep expectations low for this one just because I'm sure some bears might see this as a dead kitty but we'll know for sure once price reacts to the 61.8% / 127% re-trace.
FSLR First Solar Oversold and Extended Below MAs 4-8% OpptyFirst Solar is currently well oversold and has hit a previous market structure area. The price has extended below the short term and long term MAs. Targets of 4 - 8 % based on previous price structure.
Looking for FSLR to hit 58Significantly oversold on the stochastics. Looking for retracement to $58. Any thoughts?
$FSLR Kitty Heelllllllaa ugly chart but luckily for anyone long there might be a chance to see a gap fill & test some real support. I'll try & keep expectations low for this one just because I'm sure some bears might see this as a dead kitty but we'll know for sure once price reacts to the 61.8% / 127% re-trace around $63.
Bullish Cypher PatternFSLR is about to trigger Bullish Cypher Pattern, entry is close to D point with target of around $70
Just above the convergence of a support zone / rising trend lineThe PLAN:
1) Entry just above the point of convergence of a support zone and rising trend line (around 68USD)
2) Exit before the resistance level at 74USD
3) Risk/Reward: 2.6
4) Stop loss: below the support zone / trend line
First Solar (FSLR) has formed a pin bar.First Solar (FSLR) has formed a pin bar yesterday.
Title is coming from a 5 consecutive loosing days and pin bar could be a good signal of reversing.
Stock strenght is above 72!
Watch the stock and lets see if slowstochastic is going to reverse or check on lower timeframes if there is a entry signal (may be 72.64).
Disclaimer:
This is just my tought: don't invest based on this idea.
10 Stocks To Consider Selling,Shorting, Put OptionsPlease look at daily charts if interested in any of the stock symbols noted. Good luck in trading. Price action trading is #1 and money money management.
BUY First Solar inc (Fundamentals)I believe 2017 is gonna be the year for this stock. Solar panels are gonna be a boom. The renewable energy is growing exponentially and many countries parlaments are pressuring government to invest in this kind of energies(example Argentina). And not only countries, but companies are demanding solar panels aswell(TESLA example) To me its pretty clear that the sales of the company are gonna increase every Quarter. I will make a price target for 2017 when the next earnings report is posted.
We clearly see on the chart that the price is already moving up since late september. Does somebody know something we dont?
FSLR on watchFSLR currently at a long term resistance. Looking for this company to become a leader on a breakout, but SPY still has to cooperate to really let these bulls get going. Volume confirmation would also be nice.
