Diary of a Financier

First Solar Fails Head & Shoulders Breach

In Capital Markets on Thu 16 Dec 2010 at 11:09
  • FSLR hits $140 then drops into H&S spiral despite terrific 2011 guidance.
  • LT setup still strong, but ST H&S neckline @ $122 first support.
  • Small stake taken at $139, will dollar-cost-average eventually.

FSLR Daily Chart- Head & Shoulders

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