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from the history of fslr, it looks as thought it has a shot of hitting supports of up to $115
$FSLR - Found resistance at 100EMA after rotation out of solar stocks this past week. Low on RSI. Ready for a bounce.
Symmetrical triangle forming on declining volume showing consolidation. This has some work to do to break and hold the VPOC (red line) and recent highs. But a strong mover when it goes, solar looks set up, and this could run up into earnings on 2/25
FSLR has been consistently rebounding off the resitance line, and is starting to do the same now, potential for hitting 115
At support of a nearly 1 year upward regression channel
Once 98.59 support is broken on weekly chart next support is 80.30 which is also 38.2% Fibo level of the up trend.
If it breaks below the trend line I will stop out. Once this breaks through the red horizontal line this should get moving pretty quickly. Opened pretty low today and had good price action but it did kindy spurt out near the end of trading. Fibs look really good on this chart as well.
looks solid on a chart, if the head and shoulders plays out we will see 125 easy. i'd normally be hesitant to set an aggressive target at 125, but with biden and the paris climate accord in act i totally see us having the momentum to get there. march calls
Downtrend line on the weekly. If it can break thru, bullish thesis in play. Rel vol is showing signs of life. NO TRIGGER, NO TRADE.
FSLR has been trending up, during Biden expect to see strong renewable push
Wedge and a drop would happen soon with wedge and bearish divergence seen , we still need the confirmation with breaking down the upper trend on Weekly candle
With Biden getting in office soon we should see a nice run up on Solar, EV, Energy, and Cannabis. FSLR is showing a beautiful entry. Ultimate PT: $121. Break below $93 invalidates this.