First Solar, Inc. $FSLR is shooting higher today. Solar stocks have been one of the hottest sectors of late and First Solar is on fire. While most average investors are buying into this epic move, wise traders and investors are noting the nearing double top and gap fill. Please note the chart below. This stock will be a classic short at $56.50. It can be taken as...
This breakout is part of a bigger pattern too, might test the weekly DMA200 but until then let's take it one step at the time, Short term 47.5 - 50, after that double top and after that 70 and maybe 84
This is a 30 min FSLR chart where is shows inverse head and shoulder also it is showing a break of sloping trend line. This inverse shoulder gives a target of 49.
