Monday, April 15, 2013

FSLR- Flag pattern in the making?

First Solar FSLR stock. Chart seems to be making a flag pattern. Buy with proper stoploss for another quick $10 jump! Looks like the stock has lot of short selling. Last week, some news made it go up by $10. Purely on the chart, with a stoploss at $35, I am expecting one more jump of $10 or so.

Note: Don't forget to keep a stoploss!