peterbokma

FSLR-SELL++

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NASDAQ:FSLR   First Solar, Inc.
We got a negative divergence very clearly seen. This is usually a sign for change of direction. The RSI still overbought, but as the usual being the case, lower RSIs with higher prices is a setup for a decline.

SELL @ 118-123 for a move to FIB 93.42.

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