"Save your money and one day it'll return the favor." feedthepig.org

$FSLR Daily, Overbought and Bearish Wedge

(FSLR: 13.76 -0.51%), First Solar

FSLR is overbought and built up a steep bearish flag/wedge.

+ widening wedge (May to present) on the daily and the weekly, another bearish formation, lines not shown but it’s pretty obvious.

Bought puts.

fslr_bear_flag

 


Related Articles

 


No feedback yet.

Have an opinion? Leave a comment: