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First Solar Looks to Rally Back to Its January Highs

·1 min read
First Solar Looks to Rally Back to Its January Highs

The On-Balance-Volume (OBV) line is showing a rise from early May and that is telling us that buyers of FSLR are now more aggressive. Prices are testing the 40-week moving average line. The weekly OBV line shows some improvement from early May. The weekly MACD oscillator has narrowed and is close to a bullish crossover.