FSLR: Aggressive long...long term implications

Panjang

First Solar, Inc. (NASDAQ:FSLR)

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NASDAQ:FSLR First Solar, Inc.

trendanalysis chartpattern beyondta fslr solar timeatmode rgmov keyhiddenlevels fundamental taxlaw

I 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:

Best of luck,

Ivan Labrie.

Komen:

#FSLR appears to have bottomed, should be safe to hodl

Komen:

#FSLR could base here until earnings, but if it breaks up next week it has upside to 57.74 rather quickly

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ivanlabrie.substack.com/

Penafian

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