1FSLR trade ideas
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.
FSLR LongBullish looking weekly chart with a bunch of cups and the 73-75 resistance level tested several times.
Looking for a break of that level soon and follow through to 95-100 target level.
Once breaksout, stop below 72.
This could be a multi-week or multi-month swing play.
Weekly moving averages in bullish configuration as well.
FLSR approaching a critical pointDear reader,
Do not trust me. I am a beginner in terms of performance and veteran in terms of experience. The market does not care about the latter remember that always.
This is my analysis for FSLR a stock I have traded successfully and unsuccessfully in the past.
Where are we standing?
Longer timeframe:
- Inside a wide multi-week box starting early December 2017 consolidating the 50 point run from the lows.
- Current price action is at approaching resistance.
Shorter timeframe:
- Stock acting strong after a 1-week small consolidation in early March.
Even longer timeframe (monthly):
- We sit in front of volume pocket from the calamitous 2011 fall. 112 should be the longer timeframe target for a future move.
Where are we heading:
Scenario 1:
- Rejection of multi-year resistance and we go back to trade inside the box or consolidate around the current level. (red line / weekly timeframe)
Scenario 2:
- Continuation previous to consolidation at the 75-76 level. 2018 highs. (orange horizontal line / daily timeframe))
Scenario 3:
- This is where things get interesting and for this, you need the monthly chart as the next point of resistance will be 112.12 YES, 37 points above of the current price action. (purple line / monthly timeframe)
I admit Scenario 3 is short-term is a bit wishful thinking yet worth keeping in mind as possible.
How to trade it:
- If you have traded this from within the box adjust your stops accordingly closer to the top of the box.
- In the longer timeframe leaps could be potentially interesting with the bigger goal in mind.
Thanks for reading. Views are my own.
FSLR approaching a critical pointDear reader,
Do not trust me. I am a beginner in terms of performance and veteran in terms of experience. The market does not care about the latter remember that always.
This is my analysis for FSLR a stock I have traded successfully and unsuccessfully in the past.
Where are we standing?
Longer timeframe:
- Inside a wide multi-week box starting early December 2017 consolidating the 50 point run from the lows.
- Current price action is at approaching resistance.
Shorter timeframe:
- Stock acting strong after a 1-week small consolidation in early March.
Even longer timeframe (monthly):
- We sit in front of volume pocket from the calamitous 2011 fall. 112 should be the longer timeframe target for a future move.
Where are we heading:
Scenario 1:
- Rejection of multi-year resistance and we go back to trade inside the box or consolidate around the current level. (red line / weekly timeframe)
Scenario 2:
- Continuation previous to consolidation at the 75-76 level. 2018 highs. (orange horizontal line / daily timeframe))
Scenario 3:
- This is where things get interesting and for this, you need the monthly chart as the next point of resistance will be 112.12 YES, 37 points above of the current price action. (purple line / monthly timeframe)
I admit Scenario 3 is short-term is a bit wishful thinking yet worth keeping in mind as possible.
How to trade it:
- If you have traded this from within the box adjust your stops accordingly closer to the top of the box.
- In the longer timeframe leaps could be potentially interesting with the bigger goal in mind.
Thanks for reading. Views are my own.
Bearish BatBearish Bat with bearish divergence. For some reason I always get burned on FSLR... but I think it will a success this time!
Measurements
- .886XA
- 2.24BC
- 1.27AB=CD
