Trade Idea - First Solar
Tuesday, April 15, 2008
Chart courtesy of stockcharts

First Solar shares were up today nearly 5%, closing at $287.32 with more than 7.5 million of shares changing hands. Looking at the daily chart, the stock broke its bullish flag pattern to the upside today suggesting a continued bullish run. With all indicators in Bullish areas we should expect to see $291.49 horizontal resistance to be broken soon, so let's keep an eye on First Solar shares tomorrow morning.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 1:56 PM | Permalink


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