Learn to Evaluate (FSLR) using the Charts
June 28, 2024, 20:54 pm ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FSLR
- Buy FSLR slightly over 200.07 target 247.61 stop loss @ 199.49 Details
The technical summary data tells us to buy FSLR near 200.07 with an upside target of 247.61. This data also tells us to set a stop loss @ 199.49 to protect against excessive loss in case the stock begins to move against the trade. 200.07 is the first level of support below 225.46 , and by rule, any test of support is a buy signal. In this case, support 200.07 is being tested, a buy signal would exist.
- Short FSLR slightly under 247.61, target 200.07, stop loss @ 248.33 Details
The technical summary data is suggesting a short of FSLR as it gets near 247.61 with a downside target of 200.07. We should have a stop loss in place at 248.33though. 247.61 is the first level of resistance above 225.46, and by rule, any test of resistance is a short signal. In this case, if resistance 247.61 is being tested, a short signal would exist.
Swing Trading Plans for FSLR
- Buy FSLR slightly over 233.1, target 247.61, Stop Loss @ 232.43 Details
If 233.1 begins to break higher, the technical summary data tells us to buy FSLR just slightly over 233.1, with an upside target of 247.61. The data also tells us to set a stop loss @ 232.43 in case the stock turns against the trade. 233.1 is the first level of resistance above 225.46, and by rule, any break above resistance is a buy signal. In this case, 233.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FSLR slightly near 233.1, target 200.07, Stop Loss @ 233.77. Details
The technical summary data is suggesting a short of FSLR if it tests 233.1 with a downside target of 200.07. We should have a stop loss in place at 233.77 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 233.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for FSLR
- Buy FSLR slightly over 233.1, target 242.68, Stop Loss @ 232.56 Details
If 233.1 begins to break higher, the technical summary data tells us to buy FSLR just slightly over 233.1, with an upside target of 242.68. The data also tells us to set a stop loss @ 232.56 in case the stock turns against the trade. 233.1 is the first level of resistance above 225.46, and by rule, any break above resistance is a buy signal. In this case, 233.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FSLR slightly near 233.1, target 200.07, Stop Loss @ 233.64. Details
The technical summary data is suggesting a short of FSLR if it tests 233.1 with a downside target of 200.07. We should have a stop loss in place at 233.64 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 233.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for First Solar Inc. (FSLR) available here: FSLR.
FSLR Ratings for June 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Strong |
| P1 |
0 |
0 |
157.21 |
| P2 |
242.68 |
233.1 |
200.07 |
| P3 |
249.54 |
251.41 |
247.61 |
AI Generated Signals for FSLR
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The First Solar Inc. (NASDAQ: FSLR) report below can help you understand how to do this. The trading plans for FSLR, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for FSLR:
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