I’ve been accumulating shares of FSLR recently, much to the chagrin of many of my readers. I want to quickly clarify, now that the trade is working, why I have been doing this.
I liken the position of this stock to be strikingly similar to BIDU when I first started blogging with iBC.
http://ibankcoin.com/option_addict/2013/05/15/quick-chart-analysis-on-bidu/
My call to you, the reader, was that BIDU (back in June) was my top pick for the second half of the year. Now that it has moved 55% since that post, I want you to turn to take a look at FSLR, and the technical structure of this stock. I went after BIDU because I was absolutely positive that the stock was in its “aversion” cycle relative to sentiment. I believe FSLR is in the same cycle.
See if you can identify the similarities in these charts. I used a weekly chart on FSLR to smooth it out a little.
FYI, I like the new format for the videos. It’s working great for me on the iPad.
kdog what is it that your doing because mine shows up with lines and no video underneath it. I have an ipad 2
thanks
Nothing special. Not that I think this would make a difference but I have the third gen iPad. OA’s live broadcast on the site works as well as the recorded broadcast. I haven’t had to do anything special. It just works.
Whats your cost basis on $FSLR?
About $40
any reason why you’ve switched to shares on this one, option man?
I have calls too.
short term pop, but think it grinds higher over the medium term?
That’s why I bought a lot of stock…just in case.
Looks like using your volume profile analysis if it can clear ~ 59 it’s on it’s way to ~ 101! Am I reading that right? I’m looking at the volume profile on a weekly chart.
i’d say the gap fill around $46 is very doable
nice photo.
hahahaha
“I can be a friend to you”
disturbing
I sold WLT, FTNT and PLUG this morning. FYI
sold FTNT +3% thanks my man
Looks like UNXL also in the similar point in the sentiment chart. AM I correct ?
Yes, this is why I bought it down 6% yesterday.
Thanks. Holding tight !
Followed you into FTNT and sold this AM for a nice win, thanks man
Well done. It sure was an easy one.
YOKU getting close to my line in the sand, still holding here?
for every few big winners, there is a dud 🙁 i’m in with yall as well, but testing my patience now.
That is ok when you are batting .900.
Yep
I would like to thank The One Addicted to Options for his alert to DATE. This trade alone has paid for my subscription to his after hours service ten times over. Well done OA and thank you indeud.
Jeff…nice call on buying CROX on pullback last night…thx much
dear jeff , i need a friend’ advice .. take a look at ldk options , what would be your choice givin i’m minding a melt up in fslr into christmas and next year ( ldk likely reaching 3 easily ) ..500/1000$ to burn on it ..
thanks for lookin
i mean , that’s my hypotesis ( solar melt up + chinese fuckery lottery + heavy sh squeeze in some names , into winter and on into 2014 )
I would wait for this one to start moving first.
When is the buy volume going to really start to kick in on UNXL you think
Have you been watching my longs in this? That should serve as a reference on how it moves.
fslr will squeeze up like squeezing grapes soon
OA, how about X ? Just hit 20. Rough chart but I like it.
If I could find a spot, I’d take some.
Impressive picks, OA!
Did you sell your TZA calls?
Thanks,
Out
No, need to have a hedge.
Solar City just did a moonshot. My boss tried to buy options yesterday saying they were better than FSLR. Oh well.
They are for the short term. Not over the long term.
what about tesla contract for charging stations?
I’m shopping for a Tesla.
AAPL tdes down to 490…weekly’s a buy?!
They bought the low. Super fast!
i bot small weekly 500’s??…$3.50….wn sure which strike so again kept small…
picked up some pwrd in anticipation
Beautiful volume today
developing nicely
Hi Jeff, Would you please give your thoughts on NTES for Sept Calls? Thanks a lot.
I like that PWRD better, but NTES looks easy to manage. Big pocket underneath.
Thanks! Having fun with all this OA business? Lots of us breathing down your neck.