In the very near term, intraday, I think FSLR will come down a little more, but I really like it, even here. I prefer July Calls, but this can probably be played as a long equity position as well.
Here are the charts that matter, it's one of the best looking longs in the market right now.
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I'd prefer to add to or start a new position when the market looks to be in sync, but I still like this one quite a bit.
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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