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$FSLR Daily, Overbought and Bearish Wedge

(FSLR: 43.91 -10.43%), 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

 


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