peterbokma

FSLR- SELL LONG-TERM

Short
NASDAQ:FSLR   First Solar, Inc.
This one also very much manipulated, and when we look at the long-term picture, it is quite overdone. Besides we are above Gann resistance levels, and also hammer top. I feel within 6-9 month period we should decline towards $ 120.00 for the share. Therefore, SELL current $ 210 level and place stop-loss @ 240 for now and a take profit at $ 135

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