FSLR is one of the stocks we've had on the short list just waiting for the right entry. Because of the possibility of a bounce off the range/base of this week, I'm going to open a 3/4 size position and leave some room to add the final 25%, but I'm going to open that equity short now. The intraday charts for FSLR are diving way, although I suspect it could and would move higher on a broad market bounce, but this is definitely close enough for at least a partial position.
Charts to follow.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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