Long Position on FSLR @ $179.00 on 1/30/2023 (Momentum)

First Solar (FSLR) is a leading global provider of comprehensive photovoltaic solar energy solutions which use its advanced module and system technology.  Stockwinners

The Company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today.

From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy solutions protect and enhance the environment.

On February 28th the company reports its next results. Shares have formed a bullish "cup and handle" and higher share prices are expected.

 

  • Entry Point: $179.00
  • Stop Loss: $170.00
  • Trading Range: $59.60 - $185.28
  • Target Price: $197.00

Position closed on 2/3/2023 at price of $170.00 with a -5.03% loss in 3 days.

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