iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

New Long

I bought $FSLR on the intraday break @ 60.74. I’m running a $1 stop on my shares which equal the low of the day as well as the 20 day moving average. If she is to go, she is to go now. Here is the daily chart of this best of breed solar company:

Screen Shot 2015-03-23 at 1.17.27 PM

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7 comments

  1. Tom

    What is your target to take profit for FSLR? Thanks.

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    • RaginCajun

      You can make the case for an inverse H&S, giving it a target of way way way up.

      $1 stop, I’ll be happy with $65-$70

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  2. bonobo smores

    Just returned from the Arid Zone, land of rattled snakes and jacked rabbits. Talked to a solar installation guy who said they were working overtime, a real boom ongoing.$VSLR $FSLR

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  3. SpyderCrusher

    Nice! Check SUNE too, that pos* has the look as well.

    *only bec I ardently dislike all solar stocks

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  4. SpyderCrusher

    Crushed it on FSLR that is a prime breakout

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