Yesterday I added FSLR Calls, except I split them between October $35 and OTM December $37. Yesterday I posted the charts for FSLR with VXX here. These are in addition to an existing (half size) September $38.
*I won't be adding today because of the exposure already in place, but if I didn't have that exposure, I'd have no problem starting or adding to a position EITHER LONG THE STOCK OR VIA CALLS.
Here are today's updated charts.
1min yesterday went negative with the market and then afternoon accumulation, today shows a leadinf pos. in to a flat price range.
The 2 min leading with the right size reversal process for the move.
3 min leading positive so migration is evident which is healthy
5 min leading positive, these are all the short term charts that needed to come in to line as I said a day or two ago in general.
The important charts are like this 10 min leading positive or...
More importantly the size and position of this 30 min leading positive.
I think FSLR can stand on its own feet with or without the market.
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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