peterbokma

FSLR- SELL strategy

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NASDAQ:FSLR   First Solar, Inc.
The previous short worked well from $ 210 till profit target $ 174.00. From that point we corrected sufficient for first correction.

Now we have a sharp increase on VOLAR deal, and again we are above GANN support but its too steep to my liking. Further near channel resistance $ 240.00. The SELL strategy is sell current @ 230-240 and take profit again @ 174.00. Stop-loss place financially above $ 267 for now.

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