Posted by frtaylor on 21st of Nov 2012 at 12:11 pm
Steve or Matt, if you can, any comments on FSLR's chart
appreciated. W/ Obama in office, I'm thinking there might be
a move on this one at some point. The 200, 50, and 20 are
bullishly configured, w/ the 200 fairly recently moving below the
rest (3 weeks ago). The weekly chart looks like a Weinstein
base.
On the first chart, I'm thinking if it pulls back and holds the
uptrend line I may buy a 1/2 position w/ a stop below the line.
Posted by frtaylor on 21st of Nov 2012 at 05:24 pm
Thanks! I am hoping for a pullback within the lines, maybe if
the market has a day or two down a la the inv h/s BPT has shown as
a possibility. Only a small position, though - it could
easily lose that trend line with the way it has traded, especially
if the market reverts to its down trend.
FSLR
Posted by frtaylor on 21st of Nov 2012 at 12:11 pm
Steve or Matt, if you can, any comments on FSLR's chart appreciated. W/ Obama in office, I'm thinking there might be a move on this one at some point. The 200, 50, and 20 are bullishly configured, w/ the 200 fairly recently moving below the rest (3 weeks ago). The weekly chart looks like a Weinstein base.
On the first chart, I'm thinking if it pulls back and holds the uptrend line I may buy a 1/2 position w/ a stop below the line.
I was thinking the same
Posted by morton13 on 21st of Nov 2012 at 03:39 pm
I was thinking the same thing and got in a week or so ago...here are my charts for what they are worth... been consolidating for some time now...
FSLR daily and FSLR weekly
Thanks! I am hoping for
Posted by frtaylor on 21st of Nov 2012 at 05:24 pm
Thanks! I am hoping for a pullback within the lines, maybe if the market has a day or two down a la the inv h/s BPT has shown as a possibility. Only a small position, though - it could easily lose that trend line with the way it has traded, especially if the market reverts to its down trend.
The volume has been quite
Posted by frtaylor on 21st of Nov 2012 at 01:13 pm
The volume has been quite high this last year, too, suggesting accumulation at these low prices.