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First Solar, Inc. Message Board

  • stockconsultant_com1 stockconsultant_com1 Nov 30, 2012 12:12 PM Flag

    FSLR bullish flag

    holding up strong continuation breakout watch above 28.15

    source StockConsultant website

    BREAKOUT WATCH for possible breakout above 28.15, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 33.88, 24.6% Stop: 25.6, Loss: 5.9%, Profit/Loss ratio: 4.2 : 1 - Excellent

    CURRENT PRICE 27.2, at resistance, 26.87 ± 1.26, type single, strength 3

    RESISTANCE ABOVE None.

    SUPPORT BELOW -9.2% at 24.71 ± 1.16, type triple+, strength 10
    -21.5% at 21.34 ± 1, type triple+, strength 10
    -32.8% at 18.29 ± 0.86, type single, strength 1
    -38.8% at 16.65 ± 0.78, type single, strength 5

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FSLR
47.26-0.58(-1.21%)Sep 1 4:00 PMEDT