Why are so many of you looking for a bottom already? This stock ran from low teens to mid 30's and now with bad report it's on a decline dip. The solar industry is unfortunately not working out properly yet. FSLR too (like the many others) will go sub 10.
In the next coming days you could see a dip to 22-23 (MA200) before a little bounce. But overall it will be on a decline, there's also a gap in 16's to close.
For now stop trying to pick the bottom. Because it's not in yet.
I am as big a short as anybody here but I have seen this stock trade for 2 years Plus. the long Hedgies will bounce this at least one time this week to force some shorts to close a little and give them liquidity to sell into. The dumb money longs will be screaming bottom is in and away you go.
If that doesnt happen....we are at 20 in 7 trading days