I think this one is heading back up at least to test the 50 SMA and then maybe even up to $49.90 Stocksncash.wordpress.com
So this one could break in either direction, however, the last 4 days are forming what I would consider a bearish flag/pennant. On a bearish break, I would get in on a close below 44.30. If you want to be more aggressive, you can get in on a close below 45.50. While I believe this is going to continue bearish (notice the declining volume), if you want to go...
There isn't a whole lot to say here. Oscillators are bearish, the trend is bearish. My main concern is the low volume on Friday. A move supported by high volume would be nice, but I don't think too many buyers will come in until we bottom out at 40.90. Stop can go right above the 50 EMA stocksncash.wordpress.com
Nice weekend short idea.
If we get a bounce on upper blue trend line I will look to start a position as long as market looks stable
Very choppy - $50.21 might hold. Im adding to watchlist. Like it better around $47
$SPY $SPX below $50 look for retrace to confluence of gap / TL / Fib zone between $37-41
Yet another analysis based on TL's and Fibs. This is my second analysis on FSLR. The previous one was based off weekly charts, which showed the price was due for a correction. It will be interesting to see if price will indeed hit the target level.
WE will need 4H and Daily close confirmation to get the direction
long setup. Symmetrical triangle formation, supported by 20 day EMA
Technicals diverging and turning bearish. Needs to hold green support line. Lost 20MA. And by the way earnings were not that strong... as some mistakenly say.