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Monday, May 6, 2013

First Solar (FSLR) Stock Analysis 2013

First Solar (FSLR) Stock Analysis 5/7/13 May 7, 2013 -

 
 

First Solar (FSLR) will report earnings and guidance tonight and I expect the stock to be very volatile.  First Solar (FSLR) stock will have resistance on the upside at $50.20 and support on the downside at $41.  This is a wide range but options action ahead of earnings suggests a huge move tonight and tomorrow.

I'm not a big fan of FSLR over the long term but this is a trading stock.  Watch your support and resistance levels and the react to the long or short side.

See Also - Top Solar Stocks 2014Top Stocks 2013 - Top Stock Gainers 2013




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