FSLR: Aggressive long...long term implications

I like $FSLR here, I've been buying gradually for the last few days, but looking to also take a shorter term position here. It might be a good spot to buy long term OTM calls, but you can also go long with a tight stop if today we see a new daily high. If you are not positioned and looking for exposure to solar, then a 1-10% long term position built gradually during a few days up to a month would be ideal for you. Long term, the chart implies we could go to $400 without much problems.

A reminder of why solar is so bullish here: www.greentechmedia.c...-solar-installations

Best of luck,

Ivan Labrie.

Kommentera:

#FSLR appears to have bottomed, should be safe to hodl

Kommentera:

#FSLR could base here until earnings, but if it breaks up next week it has upside to 57.74 rather quickly