crawfordpaul

FSLR Support and Resistance- Watchlist

NASDAQ:FSLR   First Solar, Inc.
FSLR is a leader in the solar industry which will likely become a leading industry. I like this stock to begin pulling back after having a great start to the month. After this consolidation (watch for a bounce off 75.73) I believe that the upside is great. Break in 81.85 would likely lead to a test of 87.89. Earnings will play a big role in this and a beat or an upgrade could lift this stock greatly. Not seeing any outstanding patterns on the chart and most indicators are showing a downside.
Penafian

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